Keep drilling
The primary job of fee flow is to deepen protocol-owned liquidity. Capacity compounds instead of leaving the network after each trade.
Solana · tokenized market liquidity
A planned liquidity network connecting tokenized stocks through one protocol-owned reserve.
Liquidity is black gold.The fieldpaper
OIL is designed to turn trading activity into infrastructure that stays in the ground and keeps working.
OIL begins with a public launch and a fixed supply. The field opens at the same time for everyone; no private well gets first access.
One reserve
The planned first market pairs OIL with GLDx. It gives the network an anchor before the first pipeline reaches another tokenized market.
Protocol-owned positions are intended to pair OIL with additional stock tokens over time. Each new market opens another route through the same reserve.
OIL is intended to route activity between connected markets. More routes mean more places for volume and price movement to produce fees.
Fees generated by protocol-owned positions are designed to return to liquidity. Deeper markets can carry more flow; more flow can make the markets deeper again.
Once the network reaches useful depth, surplus fee flow can be used to acquire OIL from the market and permanently retire it.
Mechanism
The primary job of fee flow is to deepen protocol-owned liquidity. Capacity compounds instead of leaving the network after each trade.
After sufficient market depth is established, surplus fees can move from building liquidity to acquiring and retiring OIL.
Planned mechanism. Final parameters, contracts, and execution paths will be published before activation.
Liquidity registry
Updated daily
| Pair | TVL | 24h volume | 24h fees | Lifetime fees |
|---|---|---|---|---|
| Total | $0 | $0 | $0 | $0 |
| OIL / GLDx | $0 | $0 | $0 | $0 |
Before the first barrel
Pools are not live yet. When the network goes onchain, the liquidity registry will begin its daily updates.
Coming soon. Until then: study the pipes.