💻 Core MechanicsDual AMM Structure

Dual AMM Structure

Swyrl employs a dual AMM structure that supports both stable pools and volatile pools for liquidity provisioning. This means liquidity providers (LPs) can choose the pool type best suited for their asset pair. Swyrl also incorporates concentrated liquidity provision, enabling liquidity providers to deploy capital more efficiently and achieve deeper market liquidity.

Stable Pools

Designed for asset pairs that trade around a stable price parity (e.g. two stablecoins or synthetically pegged assets). These pools use a curve formula optimized for minimal slippage when assets have equal or near-equal value.

Benefits:

  • Extremely low slippage
  • Efficient pricing
  • Liquidity concentrated around the peg

Traders swapping between like-kind assets in stable pools enjoy a smoother and more cost-effective experience.

Volatile Pools

Meant for asset pairs with independent, freely moving prices (e.g. $SWYRL and $MON, or any two distinct tokens). These pools use the traditional constant product formula (x * y = k), similar to Uniswap V2, which is more suitable for volatile price swings.

Benefits:

  • Supports uncorrelated assets
  • Robust liquidity across wide price ranges
  • Simple and proven model for volatile markets

Unified Platform for All Trading Needs

By combining stable and volatile AMMs, Swyrl covers the full spectrum of trading on a single platform.

An automated smart order routing system directs trades through the most optimal path:

  • Stable-to-stable: Uses a stable pool directly.
  • Unrelated tokens: May route through intermediate pools (e.g. via a stablecoin bridge or common trading pair).

This smart routing guarantees that traders always get the best price available across Swyrl’s liquidity network.

Concentrated Liquidity Provisioning

Swyrl also integrates concentrated liquidity provisioning (inspired by Uniswap v3) into its pool designs.

LPs can concentrate their liquidity into specific price ranges rather than across the entire curve.

Advantages for LPs:

  • More efficient capital usage
  • Higher fee earnings
  • Deeper effective liquidity with fewer tokens

By focusing liquidity where most trading occurs, LPs help:

  • Increase capital efficiency
  • Provide greater market depth
  • Enable tighter spreads for traders

This means Swyrl can facilitate large trades with low slippage, without requiring enormous liquidity across all price ranges.

RoadmapLegacy Liquidity