Provide liquidity
Deposit USD into the Underwriting Pool to back cover and earn protocol revenue.
Pool size$61.4Mtotal collateral
Trailing 30d revenue$1.92Mfees + auction premiums
Est. yield APR14.6%net of underwriting losses
Reserve ratio128%fully funded
Pool performance
Where your yield comes from
Trading fees46%
Auction premiums38%
Base clearing to Solvency Fund16%
Understand the risk
- The pool underwrites cover, so pool value can fall during a bad event period.
- The Solvency Fund absorbs underwriting losses first, with an $8.2M buffer today.
- Withdrawals burn SHARE units proportionally and are subject to live capacity.