Latest · Vault

Liquidity vault

Back the protocol and earn its trading edge. Money moves through a queue and fills at each vault update.

Pool value

…DUSDC · backs every open position

Share price

…per PLP share

Total shares

…PLP outstanding

Idle liquidity

…DUSDC on hand

In the queue

…deposits · withdrawals

Your position

— DUSDCConnect and create a trading account to provide liquidity

Pool composition

00.00 DUSDC

Idle — free for withdrawals 00.00Backing open markets 00.00

Waiting for the next vault update…

In the queue

waiting for the next vault update · escrowed, not yet filled

loading…

Provide liquidity

queued · fills at the next vault update

DUSDC to add

account 0.00 · wallet 0.00

Your deposit joins the queue and converts to PLP shares at the next vault update, at the live share price. If your trading account is short, the difference tops up from your wallet in the same transaction.

Crash protection

optional · cushions your vault against a BTC drop

Providing liquidity means you're long the pool, so a sharp BTC drop is your worst day. Spend a little to buy protection that pays out if that happens — softening the hit.

Protection budget (DUSDC)

account … · wallet …

BTC ≤ —no live market

Cost each—

You pay

—DUSDC

Pays if it crashes

—DUSDC

You hold the protection directly as a position — it appears in your portfolio and redeems there. Bought on the longest-dated live market. DUSDC · testnet.

Latest · Vault

Liquidity vault

Back the protocol and earn its trading edge. Money moves through a queue and fills at each vault update.

Pool value

…DUSDC · backs every open position

Share price

…per PLP share

Total shares

…PLP outstanding

Idle liquidity

…DUSDC on hand

In the queue

…deposits · withdrawals

Your position

— DUSDCConnect and create a trading account to provide liquidity

Pool composition

00.00 DUSDC

Idle — free for withdrawals 00.00Backing open markets 00.00

Waiting for the next vault update…

In the queue

waiting for the next vault update · escrowed, not yet filled

loading…

Provide liquidity

queued · fills at the next vault update

DUSDC to add

account 0.00 · wallet 0.00

Crash protection

optional · cushions your vault against a BTC drop

Providing liquidity means you're long the pool, so a sharp BTC drop is your worst day. Spend a little to buy protection that pays out if that happens — softening the hit.

Protection budget (DUSDC)

account … · wallet …

BTC ≤ —no live market

Cost each—

You pay

—DUSDC

Pays if it crashes

—DUSDC

You hold the protection directly as a position — it appears in your portfolio and redeems there. Bought on the longest-dated live market. DUSDC · testnet.