Rakka | Omnipair
@rakka_sol
Crafting better liquidity at @omnipair
Racing to bring permissionless +EV DeFi to Solana
609 Following 1.5K Followers
Gm,
Casual check on V1 this morning: 24H volume almost $1M.
I assumed an indexer bug. Before pinging the team, I opened Dune. It showed nothing, which seemed to confirm it, until I noticed the last run was 20h old. Hit re-run and ~$1M lit up the dashboards.
The culprit was Deaton (TRCH1), doing almost all of it in a single night:
24H volume: $920K
APY: 445%, 77 points above LOYAL's 368%
That's by far the biggest volume Omnipair V1 has ever done. It literally breaks the charts. And we only hold ~50% of TRCH1's liquidity.
It's also a reminder that V1's two highest APYs come from two completely separate revenue streams: one spot, one credit/lending.
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Gm,
LOYAL/USDC made $650 in fees on $923 of liquidity. Nearly all of it from lending interest. That's ~70% fees/TVL.
Compare that to any other LOYAL/USDC market and it wins by orders of magnitude. The Meteora pool has ~$150K in liquidity (163x more) and earns almost nothing.
Simple reason: no other AMM farms lending interest for you as an MM.
Omnipair does.
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Omnipair monthly update, now accidentally quarterly. Tomorrow
This is your opportunity for a deep dive into Omnipair V2 (Dusk), and why it changes DeFi forever.
Open discussion with selected guests from the community on V2's new design.
Don't miss out, and help shape it.
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Crazy yield on solana:METAwkXcqyXKy1AtsSgJ8JiUHwGCafnZL38n3vYmeta
Imagine depositing the META already sitting in your wallet and earning roughly half that yield, with a 1:1 claim on the way out
Single-sided, IL hedged. You stay long META, you just get paid for it
Dusk soon
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