diff --git a/depends/README.md b/depends/README.md
index d60166634f..a2a7b749c2 100644
--- a/depends/README.md
+++ b/depends/README.md
@@ -89,44 +89,28 @@ For linux S390X cross compilation:
pkg_add bash gtar
### Dependency Options
+
The following can be set when running make: `make FOO=bar`
-
-- SOURCES_PATH
-- downloaded sources will be placed here
-- BASE_CACHE
-- built packages will be placed here
-- SDK_PATH
-- Path where sdk's can be found (used by macOS)
-- FALLBACK_DOWNLOAD_PATH
-- If a source file can't be fetched, try here before giving up
-- NO_QT
-- Don't download/build/cache qt and its dependencies
-- NO_QR
-- Don't download/build/cache packages needed for enabling qrencode
-- NO_ZMQ
-- Don't download/build/cache packages needed for enabling zeromq
-- NO_WALLET
-- Don't download/build/cache libs needed to enable the wallet
-- NO_BDB
-- Don't download/build/cache BerkeleyDB
-- NO_SQLITE
-- Don't download/build/cache SQLite
-- NO_UPNP
-- Don't download/build/cache packages needed for enabling upnp
-- NO_NATPMP
-- Don't download/build/cache packages needed for enabling NAT-PMP
-- DEBUG
-- disable some optimizations and enable more runtime checking
-- HOST_ID_SALT
-- Optional salt to use when generating host package ids
-- BUILD_ID_SALT
-- Optional salt to use when generating build package ids
-- FORCE_USE_SYSTEM_CLANG
-- (EXPERTS ONLY) When cross-compiling for macOS, use Clang found in the
-system's
$PATH
rather than the default prebuilt release of Clang
-from llvm.org. Clang 8 or later is required.
-
+- `SOURCES_PATH`: Downloaded sources will be placed here
+- `BASE_CACHE`: Built packages will be placed here
+- `SDK_PATH`: Path where SDKs can be found (used by macOS)
+- `FALLBACK_DOWNLOAD_PATH`: If a source file can't be fetched, try here before giving up
+- `NO_QT`: Don't download/build/cache Qt and its dependencies
+- `NO_QR`: Don't download/build/cache packages needed for enabling qrencode
+- `NO_ZMQ`: Don't download/build/cache packages needed for enabling ZeroMQ
+- `NO_WALLET`: Don't download/build/cache libs needed to enable the wallet
+- `NO_BDB`: Don't download/build/cache BerkeleyDB
+- `NO_SQLITE`: Don't download/build/cache SQLite
+- `NO_UPNP`: Don't download/build/cache packages needed for enabling UPnP
+- `NO_NATPMP`: Don't download/build/cache packages needed for enabling NAT-PMP
+- `DEBUG`: Disable some optimizations and enable more runtime checking
+- `HOST_ID_SALT`: Optional salt to use when generating host package ids
+- `BUILD_ID_SALT`: Optional salt to use when generating build package ids
+- `FORCE_USE_SYSTEM_CLANG`: (EXPERTS ONLY) When cross-compiling for macOS, use Clang found in the
+ system's `$PATH` rather than the default prebuilt release of Clang
+ from llvm.org. Clang 8 or later is required.
+
If some packages are not built, for example `make NO_WALLET=1`, the appropriate
options will be passed to Dash Core's configure. In this case, `--disable-wallet`.