Overview
DENSITY is a proposed permissionless protocol for creating token markets governed by predefined liquidity policies.
The objective is to transform part of eligible market activity into permanently committed market liquidity. This process is called liquidity accretion.
Liquidity Accretion
A Market Policy defines how eligible market activity is routed toward liquidity formation. The policy is selected before deployment and is intended to remain predictable afterward.
Market Policies
Markets can require different liquidity formation profiles. DENSITY proposes three bounded preview configurations.
Minimal constant accretion.
PREVIEW CONFIGURATIONBalanced default.
PREVIEW CONFIGURATIONHigher early liquidity formation.
PREVIEW CONFIGURATIONMarket Maturity
Cumulative quote capital permanently committed.
Initial quote liquidity.
A cumulative committed-capital metric describes what the protocol has added to market structure. Market capitalization does not measure that contribution directly and can change without any increase in permanent liquidity.
PROPOSED MATURITY MODEL — NOT LIVEProposed Architecture
Deploys canonical token markets.
NOT YET DEPLOYEDCoordinates swap-related protocol logic.
NOT YET DEPLOYEDReceives assets intended for liquidity accretion.
NOT YET DEPLOYEDHandles controlled liquidity formation and balancing logic.
NOT YET DEPLOYEDOwns protocol-defined permanent liquidity positions.
NOT YET DEPLOYEDTracks canonical markets and policy parameters.
NOT YET DEPLOYEDRead-focused interface for frontend and indexer consumption.
NOT YET DEPLOYEDLaunch Flow
A market creator defines the asset, selects an anchor, chooses a policy, establishes initial liquidity, and reviews the final immutable configuration.
Deployment is intentionally unavailable while the canonical contracts remain pending.
Security Model
The current security model is a set of design targets, not audited guarantees.
- 01Market policy defined before deployment
- 02No discretionary creator withdrawal
- 03No arbitrary creator fee increase
- 04No creator removal of permanent liquidity
- 05Bounded execution and rebalancing
- 06Explicit versioning
- 07Pause capability without withdrawal authority
- 08Transparent contract state
- 09Verifiable parameters
Protocol Status
The frontend is a production-grade pre-launch interface. Wallet connection is live; protocol contracts and markets are not deployed.