Omni-Directional Market Maker (OMM) is a novel
liquidity framework powering Nemesis protocol.
Unlike perpetual futures or options, OMM is not a derivative, simplifying trading by eliminating the need for additional liquidity requirements and providing a direct way to long or short assets onchain.
It relies on a native Time-Weighted Average Price (TWAP) oracle rather than external oracles, ensuring a secure, permissionless trading environment free from the vulnerabilities of third-party price feeds.
Every element of OMM is decentralized, offering a trustless platform that aligns with the ethos of DeFi and eliminates centralized points of failure.
There are no permissioned market makers—anyone can participate as a liquidity provider, benefiting from double capital efficiency and removing barriers to liquidity bootstrapping.