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Supercharge Your Perp DEX
Are you a Perp DEX looking to get more liquidity and attract more traders?
If you have an orderbook-based perp DEXs, here's how we can help.
Unlike GMX which offers an easy way for retail users to add liquidity with their GLP token, most orderbook-based perp DEXs do not have a perpetual AMM liquidity pool.
We can help you build a perp AMM liquidity pool that allow users to deposit stablecoins and provide liquidity for your perpetual markets by using dynamic algorithms.
Variables such as spread, slippage, depth, price update frequency, and how they adjust to market volatility can all be configured to provide your liquidity providers an easy way to market makers.
These vaults are auto-compounding in nature and will gradually increase the value of the vault token as long as traders have net losses overtime.
We work with money market partners that can whitelist your vault token as a collateral for your community to borrow against. This increases the utility and capital efficiency of your LP token, as your users are able to deposit it as collateral to borrow other assets such as USDC against it to perform other DeFi activities and earn more yield.
This allows your users to also leverage long their existing LP token which can further increase your liquidity. For example a user would buy this Perp LP token, deposit their Perp LP token into a money market, and borrow more USDC to buy more Perp LP, and repeat, potentially allowing them to earn multiple times of their APY.
By increasing your LP's capital efficiency, it also makes your LP token more sticky. Users that use it as collateral to borrow other assets are less likely to sell it and more likely to keep it as collateral to maintain their additional yield.
If you want guaranteed liquidity, we can also create bonded liquidity for you.
We can enable a bonding feature for your vault to allow users to bond their liquidity for a certain period of time in exchange for additional external incentives.
For example, a user can bond their vault LP token for X number of days for an additional X% of APY (depending on the external incentives provided).
Bonding is similar to locking, but only starts when the user begins unbonding. Meaning that if a user wants to withdraw, they have to first unbond, and if they have a bonding period of 14 days, they have to wait 14 days from the moment they unbond.
Users do not earn the additional external incentives yield during the unbonding process.
As LP tokens for perp DEXs can fluctuate a lot in value, some users may not be comfortable with the price volatility and prefer LP tokens that are more stable.
We can also build pseudo delta-neutral strategy vaults for your users that want to provide liquidity and earn yield but want a less volatile and more stable LP token.
This usually means lesser yield due to the costs involved in hedging the delta, but thanks to the above mentioned features we can provide, the reduction in yield can be easily offset.
If your DEX is an oracle-based perp DEXs or are similar to GMX, here's how we can help.
We have built auto-compounding vaults for GMX's GLP token and can do the same for your LP token.
By creating a vault that auto-compounds your LP token rewards back into your LP token, it increases your DEX's liquidity on top of giving your users higher returns from compounding.
We work with money market partners that can whitelist your vault token as a collateral for your community to borrow against. This increases the utility and capital efficiency of your LP token, as your users are able to deposit it as collateral to borrow other assets such as USDC against it to perform other DeFi activities and earn more yield.
This allows your users to also leverage long their existing LP token which can further increase your liquidity. For example a user would buy GLP, deposit their GLP into a money market, and borrow more USDC to buy more GLP, and repeat, potentially allowing them to earn multiple times of their APY.
By increasing your LP's capital efficiency, it also makes your LP token more sticky. Users that use it as collateral to borrow other assets are less likely to sell it and more likely to keep it as collateral to maintain their additional yield.
If you want guaranteed liquidity, we can also create bonded liquidity for you.
We can enable a bonding feature for your vault to allow users to bond their liquidity for a certain period of time in exchange for additional external incentives.
For example, a user can bond their vault LP token for X number of days for an additional X% of APY (depending on the external incentives provided).
Bonding is similar to locking, but only starts when the user begins unbonding. Meaning that if a user wants to withdraw, they have to first unbond, and if they have a bonding period of 14 days, they have to wait 14 days from the moment they unbond.
Users do not earn the additional external incentives yield during the unbonding process.
As LP tokens for oracle-based perp DEXs can fluctuate a lot in value, some users may not be comfortable with the price volatility and prefer LP tokens that are more stable.
We can also build pseudo delta-neutral strategy vaults for your users that want to provide liquidity and earn yield but want a less volatile and more stable LP token.
This usually means lesser yield due to the costs involved in hedging the delta, but thanks to the above mentioned features we can provide, the reduction in yield can be easily offset.
Last modified 5mo ago