Liquidity that manages itself.
Concentrated liquidity earns multiples of a passive position, right up until price leaves your band. Fluid moves the band for you and compounds what it collects.
Illustrative simulation of band behaviour under a random walk. Not a backtest, not a projection of returns.
A tight range
is a full time job.
Quote a narrow band and you earn like a much bigger LP. Price drifts out and you earn nothing at all, while holding the side of the pair that just lost. Most retail positions go months without a reposition.
The optimal width is a function of realized volatility. Realized volatility changes hourly. You are not going to keep up with it by hand, and you should not have to.
Three steps.
Then nothing.
Deposit
One asset or two. The zap router splits, swaps and mints your vault share in a single transaction. You never see a tick.
Flow Engine
Bands widen in chop and tighten in calm, sized from live realized volatility. It repositions only when expected fees beat gas, slippage and the loss of moving.
Compound
Fees are harvested and folded back into the position. Your share count stays flat. What each share redeems for goes up.
Half width scales with an EWMA estimate of realized volatility taken from the pool's own tick oracle. An external feed could be moved cheaply. The pool cannot.
and
E[Δfees] > gas + slippage + IL
Drift alone never triggers a move. Both gates must pass, so a keeper cannot force an uneconomic reposition to farm the bounty.
Same pair.
Three appetites.
Five pairs at launch.
Each pair ships all three strategies. Deposit caps rise on a schedule as each vault builds history.
Planned genesis pairs with illustrative target ranges. No vault is deployed yet, on mainnet or testnet, and nothing here is a yield guarantee.
10% of the fees.
0% of your principal.
No management fee. No deposit fee. No withdrawal fee. Fluid earns when your vault earns and not one block before. Half of that revenue goes back out to stakers in the assets it was collected in, not in freshly printed FLUID.
Paid weekly in collected assets. Yield that came from somewhere.
Depth the protocol owns permanently and cannot rent-seek away.
Audits, the insurance fund, integrations, contributors.
Fixed supply.
No mint function.
One billion FLUID, minted once. Stake for xFLUID to take half of protocol revenue and to vote gauge weights that direct emissions toward the vaults doing real volume.
The token does not gate deposits and it does not gate withdrawals. A protocol that makes you hold its token to use its product is charging a hidden fee.
Source to basin.
Source
Contracts in development. Testnet vaults, audit one and the public bug bounty follow.
Flow
Mainnet. Five genesis vaults, three strategies each. TGE and owned liquidity locked.
Pressure
Gauge voting, xFLUID revenue distribution, airdrop season one.
Delta
fvShare pricing adapter and the first lending market integration.
Basin
Vault factory. Anyone deploys a vault over any pair, inside bounded parameters.