DENSITY DOCUMENTATION / PRE-LAUNCH

Protocol
documentation.

A proposed primitive for transforming eligible market activity into permanently committed liquidity.

01

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.

TOKENMARKET POLICYACCRETIONPERMANENT DEPTH
02

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.

01SWAP02DENSITY HOOK03DEPTH VAULT04ACCRETION ENGINE05PERMANENT LIQUIDITY
PROPOSED ARCHITECTUREALL COMPONENTS / NOT YET DEPLOYED
03

Market Policies

Markets can require different liquidity formation profiles. DENSITY proposes three bounded preview configurations.

CORE25 → 25 → 25 BPS

Minimal constant accretion.

PREVIEW CONFIGURATION
STANDARD50 → 35 → 20 BPS

Balanced default.

PREVIEW CONFIGURATION
BOOTSTRAP75 → 50 → 25 BPS

Higher early liquidity formation.

PREVIEW CONFIGURATION
04

Market Maturity

M = C / L₀
C

Cumulative quote capital permanently committed.

L₀

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 LIVE
05

Proposed Architecture

01DensityFactory

Deploys canonical token markets.

NOT YET DEPLOYED
02DensityHook

Coordinates swap-related protocol logic.

NOT YET DEPLOYED
03DepthVault

Receives assets intended for liquidity accretion.

NOT YET DEPLOYED
04AccretionEngine

Handles controlled liquidity formation and balancing logic.

NOT YET DEPLOYED
05PermanentLiquidityVault

Owns protocol-defined permanent liquidity positions.

NOT YET DEPLOYED
06DensityRegistry

Tracks canonical markets and policy parameters.

NOT YET DEPLOYED
07DensityLens

Read-focused interface for frontend and indexer consumption.

NOT YET DEPLOYED
06

Launch Flow

A market creator defines the asset, selects an anchor, chooses a policy, establishes initial liquidity, and reviews the final immutable configuration.

01TOKEN02ANCHOR03POLICY04LIQUIDITY05REVIEW

Deployment is intentionally unavailable while the canonical contracts remain pending.

07

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
08

Protocol Status

The frontend is a production-grade pre-launch interface. Wallet connection is live; protocol contracts and markets are not deployed.

FrontendPRE-LAUNCH
ContractsNOT DEPLOYED
AuditNOT STARTED
Market 000PENDING
Permissionless LaunchNOT ACTIVE