5h ago
With $MET launching today, it's a perfect time to take a look at the $JOE inspired DLMM tech @MeteoraAG is built upon — Liquidity Book.
Let's start with this 👉 DLMM is THE MOST EFFICIENT volume generating tech in DeFi.
But what exactly is the secret sauce?
In short, it's 'Bins'. Rather than spready liquidity across ticks, liquidity is placed in a unique bin at each price point. This allows for ZERO slippage trading at each price and making LB the absolute king of trade flow capture.
This innovation made $JOE DEX into a cracked volume and fee generating machine.
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🤔Want proof?
Let's examine a pool from Meteora:
With just $1M in liquidity, the most highly discretized SOL-USDC pool on Meteora (1 bp bin step) generated $36M in 24h volume today alone.
That's 36x capital efficiency with an average APR of 220% (likely much higher for concentrated positions)
HUGEEEEE.
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🟣JOE DLMM on Monad
Liquidity Book DLMM has proven itself a powerhouse on Avalanche, Arbitrum, Mantle, and Solana.
Now Monad is the next frontier.
High-powered 10K TPS parallel execution chain meets high-powered fee capture DLMM tech.
The ultimate fee generating machine.
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