Introduction
Arrakis is a protocol that specializes in concentrated & active liquidity management. Arrakis acts as a decentralized market-making platform enabling projects to create deep liquidity for their tokens. The protocol was launched in April 2021.
Use Cases
Users and projects can deposit funds into vaults on Arrakis and receive LP (liquidity providers) tokens which represent their share of the vault. Users/projects will then designate a manager, who will actively manage strategies for the vault. Anyone can become a vault manager.
Tokenomics
Currently, the only fee on Arrakis is a 2.5% cut of the trading fees earned by deposited funds. Arrakis's governance token is SPICE. At the moment, SPICE has not been launched.
Usage
Active Users
Transaction Count