HIP-3 [DG] Serum DEX & Solana Wallet Support

Category:

Dev Grants

Summary:

Add basic Solana wallet support and usable Serum DEX connectivity for the Hummingbot client.

Description:

In order to be of use to the Hummingbot community, we propose to bundle the client-side wallet management + first connected DEX for the Solana ecosystem in one HIP. As it has been noted in the previous HIP-2, work so far only contains Solana support on Gateway API level. In order to allow a user to connect their Solana wallet through the Hummingbot client, additional work has to be done with this HIP.

Serum DEX is Solana's signature on-chain CLOB exchange with roughly 400 million USD daily volume. Its spot markets are used by many protocols as a central point of liquidity, like Raydium AMM pools. Implementing Serum DEX functionality to Gateway will serve as the basis for many more protocols to be integrated with Hummingbot.

HBOT Amount:

Based on prior work with HIP-2 and current progress, we assume that we will need at least twice as much time, as we did with HIP-2, due to the more complex nature of devising a REST + WebSockets API and DEX connector and full support of all standard CEX API features.

We therefore propose to allocate 40 days * 20k HBOT = 800k HBOT to be distributed upon successful merge and affirmative voting on the according PRP.