Nabla Docs
  • Nabla Finance
    • The problem Nabla solves
    • Benefits of using Nabla
  • Protocol Overview
    • Swap Algorithm
    • Liquidity Pools
      • Swap Pools
      • Backstop Pool
    • Oracle Details
      • Architecture
      • Pyth
      • Chainlink
      • EV:GO
  • Roadmap
  • Protocol-owned Liquidity (POL)
    • Trading Fees and LP Incentives
    • Nabla as an autonomous protocol
  • Security
    • Audits
    • Bug Bounty Program
  • Mainnet Alpha
    • Risks and Benefits of being a Mainnet Alpha LP
  • Monad Testnet
    • Add Monad Testnet to Metamask
    • Get Monad Test Tokens
    • Monad Testnet Tasks
  • Testnet Beta
    • Connect Wallet to Base Sepolia
    • Testnet Beta Tasks
    • Obtaining Base Sepolia Ether for Gas
    • Test Assets
    • Connect Wallet to Base Sepolia Testnet
    • Performing a Swap
    • Managing Swap Pool Liquidity
    • Redeem Swap Pool Shares via Backstop Pool
    • Managing Backstop Pool Liquidity
    • Withdraw Backstop Pool Liquidity via Excess Swap Pool
  • Testnet Alpha
    • Testnet Alpha Results
    • Whitelisting for testnet
      • Whitelist Campaigns List
      • $PYTH Stakers Whitelist
    • Connect Wallet to Sepolia Testnet
    • Requesting Testnet Gas
    • How to contribute to testing
    • Performing a Swap
    • Managing Swap Pool Liquidity
    • How to swap into a swap pool that is depleted
    • Managing Backstop Pool Liquidity
    • Redeem Swap Pool Shares via Backstop Pool
    • Withdraw Backstop Pool Liquidity via Excess Swap Pool
  • Liquidity Provision
  • $NABLA
    • $sNABLA Token Utility
    • Staking Mechanism
    • Fee Distribution
    • Tokenomics
    • Token Utility Summary
    • Governance
      • Initial Governance Implementation
      • Governance structure
      • Discussion and Proposal process
      • Voting process
      • Transparency and record-keeping
      • Code of conduct
      • Amendments to the Governance Framework
      • Template for a vote
  • $AMBER Onchain Points Program
    • Mainnet Alpha Rewards
      • Arbitrum-Mainnet Alpha Rewards
      • Base-Mainnet Alpha Rewards
    • $AMBER FAQ
  • đź’»Developers
    • Integration Guide
    • NablaPortal
    • NablaRouter
    • SwapPool
    • GenericPool
    • NablaBackstopPool
    • PythAdapter
    • ISlippageCurve
    • Contract addresses
      • Arbitrum One
      • Base
      • Monad Testnet
    • Contract errors
  • Community
    • Linktree
    • Twitter
    • Discord
    • Telegram
  • Whitepaper
  • Legal
    • Privacy Policy
    • Terms of Service
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  1. Nabla Finance

The problem Nabla solves

Classic passive AMMs like Uniswap or Curve are the backbone of DeFi, and optimal designs to trade assets that require onchain price finding (like longtail governance tokens, meme coins, etc.), or to trade likewise stables where no major price deviations are to be expected. But they are not optimized to trade assets where the price-finding happens predominantly offchain (e.g. major cryptos, or most RWAs) or algorithmically (e.g. staked/yielding assets). Providers of liquidity for these tokens thus suffer from unnecessary Impermanent Loss and low capital efficiency. This makes LPing for those tokens in most cases unprofitable (i.e. when considering the opportunity costs), which in turn means that the respective token issuers have to pay for liquidity one way or another (either by providing liquidity themselves, by paying a professional market maker, by “bribing” AMM token holders to steer incentives to their pools, or by paying direct LP incentives). These high costs of liquidity are in most cases not sustainable and prohibit to attract deep swap liquidity - which in turn hinders the wide-spread usage of the the respective assets. Nabla is on a mission to change that, and to drastically lower the costs of liquidity, povide juicy yields for LPs on single-sided deposits, and reduce the costs for swaps.

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Last updated 5 months ago