Cykura

Learn how to invest in Cykura (CYS) Token. Explanation, price and benefits

Cykura Exchanges

Exchange Market Pairs Buy
Gate.io BTC/USDT -
MEXC LTC/USDT -
Raydium KIN/RAY -
BKEX SYS/USDT -
LATOKEN GLC/USDT -
Cykura is a Solana-based automated market making platform that allows liquidity providers to choose the price range in which their liquidity is active. This is called "concentrated liquidity" because assets are manually placed into user-chosen price ranges, rather than automatically (and inefficiently) spread out on a 0 to ∞ price curve. Concentrated liquidity allows users to designate a price range within which they are willing to trade, cashing in the same market and reaping rewards with only a fraction of the previously requested capital. Why concentrated liquidity? Automated Market Makers (AMMs) only use the liquidity closest to the current trading price of a given asset pair to execute trades. This leaves a large portion of liquidity providers' assets loosely spread across a wide price range and therefore these assets go unused. The practical result in this case is that LPs earn nothing from these assets and traders do not benefit from idle liquidity that could be used to match their orders. Concentrated liquidity provides a solution to efficiently put 100% of these idle assets to work. Liquidity providers can now put 100% of their assets they want to put to work creating markets in exactly the price range they see as most advantageous to earn commissions. But what happens if the price of a particular asset pair breaks out of the range and there is no liquidity? At Cykura, LPs earn commissions proportional to the portion of the cash they control. Therefore, LPs have a strong incentive to actively manage where exactly their assets lie along the price curve to maximize profit opportunities. There will always be an incentive to shift resources to underserved parts of the pool, as this presents an opportunity to acquire a much larger share of pool fees for LP. And because Cykura is based on Solana, the gas costs associated with actively managing your liquidity position are negligible.