CryptoCurrencies
9361
Exchanges
500
Total Market Cap
2,420,073,454,519
Volume 24h
312,264,779,208
Dominance
BTC 52.52%   ETH 15.18%   USDT 4.45%   BNB 3.56%

Deliq
DLQ

0.0005808
$
0.00 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 47.22
DLQ
$
# Exchange Pair Price Volume 24h

Description

Deliq is a protocol that enables protocol-owned liquidity on Avalanche by using a capital efficient and decentralized Liquidity-by-Staking model. Liquidity Providers (LPs) can provide single-sided liquidity to Deliq liquidity pools (DLPs) and earn yields for doing so. Liquidity in the pools is aggregated before deploying on exchanges. A unique three-layered impermanent loss (IL) mitigation mechanism ensures that LPs get 100% protection from IL for providing liquidity. Liquidity Directors (LDs) can stake $DLQ to direct liquidity from DLPs to various exchanges on Avalanche and own their liquidity while diversifying their treasury and generating a new revenue source for the protocol.