💧Pools
Learn how to provide liquidity.
Contents:
Overview
Providing Liquidity
Withdrawing Liquidity
Pools Overview
Vertex’s innovative design combines an orderbook with an AMM. This allows for low-latency speeds, capital efficiency, and additional earning opportunities — empowering users to provide liquidity and use their LP position as collateral.
Users can provide liquidity to Vertex spot markets to create an LP position.
Liquidity must be provided for both assets -- wETH and USDC. There is no single-sided liquidity providing on Vertex.
The margin for LP positions is based on the non-quote weights.
Margin Example:
$200 wETH-USDC LP position.
The LP margin would use the wETH weights.
wETH initial and maintenance weights are 0.9 and 0.95, respectively.
Margin is $200 * 0.9 for initial and $200 * 0.95 for maintenance.
Even though ½ of the position ($100) consists of USDC, which is weighted at 1.00, the LP position uses the non-quote weight.
How to Provide Liquidity
Provide Liquidity and Create an LP Position:
Go to Pools page (Earn > Pools).
Click the [Provide] button on the Pool you want to provide liquidity to.
Enter how much liquidity you want to provide for each asset.
Review summary.
Click the [Provide Liquidity] button.
You will now see your LP position details reflected in the Pools tables.
How to Withdraw Liquidity
Withdraw Liquidity / Close an LP Position:
Go to any Pools table on the Portfolio Overview, Pools Portfolio page, or Pools page.
Click the [Withdraw] button on the LP position you want to withdraw liquidity from.
Select the amount of liquidity you want to withdraw.
Review the summary.
Click the [Withdraw Liquidity] button.
The withdrawn liquidity / assets will be reflected in your balances tables.
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