diff --git a/pkg/strategy/liquiditymaker/generator.go b/pkg/strategy/liquiditymaker/generator.go
index 2b19b3f48..d21d79b83 100644
--- a/pkg/strategy/liquiditymaker/generator.go
+++ b/pkg/strategy/liquiditymaker/generator.go
@@ -24,6 +24,7 @@ import (
 //
 // totalLiquidityAmount = priceAsk1 * scale(1) * f + priceAsk2 * scale(2) * f + priceAsk3 * scale(3) * f + ....
 // totalLiquidityAmount = f * (priceAsk1 * scale(1)  + priceAsk2 * scale(2)  + priceAsk3 * scale(3) + ....)
+// f = totalLiquidityAmount / (priceAsk1 * scale(1)  + priceAsk2 * scale(2)  + priceAsk3 * scale(3) + ....)
 //
 // when side == buy
 //
diff --git a/pkg/strategy/liquiditymaker/strategy.go b/pkg/strategy/liquiditymaker/strategy.go
index 07a6517e7..9d90e8fed 100644
--- a/pkg/strategy/liquiditymaker/strategy.go
+++ b/pkg/strategy/liquiditymaker/strategy.go
@@ -299,6 +299,8 @@ func (s *Strategy) placeLiquidityOrders(ctx context.Context) {
 		s.NumOfLiquidityLayers,
 		s.liquidityScale)
 
+	askOrders = filterAskOrders(askOrders, baseBal.Available)
+
 	orderForms := append(bidOrders, askOrders...)
 
 	createdOrders, err := s.OrderExecutor.SubmitOrders(ctx, orderForms...)
@@ -331,6 +333,20 @@ func profitProtectedPrice(
 	return price
 }
 
+func filterAskOrders(askOrders []types.SubmitOrder, available fixedpoint.Value) (out []types.SubmitOrder) {
+	usedBase := fixedpoint.Zero
+	for _, askOrder := range askOrders {
+		if usedBase.Add(askOrder.Quantity).Compare(available) > 0 {
+			return out
+		}
+
+		usedBase = usedBase.Add(askOrder.Quantity)
+		out = append(out, askOrder)
+	}
+
+	return out
+}
+
 func logErr(err error, msgAndArgs ...interface{}) bool {
 	if err == nil {
 		return false