Depth with
a longer horizon.
One Raydium CLMM market per stock, with a position a program owns. The approved sequence and the liquidity weights, before any pool exists.
Available after rollout
Available once a pool is open
4 markets planned
Created at launch
Pool weights and performance.
The weights describe each market's share of new protocol liquidity: SPYx 40%, NVDAx 25%, TSLAx 20%, GOOGLx 15%. They are separate from your personal payout basket, and a basket of up to 4 stocks is paid whether or not a pool for that stock is open yet. Fee APR and 24-hour fees are read from the chain once a pool exists; before that they are unavailable rather than estimated.
Owned by a program.
Each market is one Raydium CLMM position, opened at the 1% fee tier, whose NFT a program address holds and no instruction can transfer. The authority can withdraw liquidity from a pool at any time as an emergency control; the proceeds land only in protocol accounts and cannot be paid out as holder rewards. Moving value out of the protocol still takes seven days of continuous public pause. Markets open when depth criteria are met, not on a promised date.
Read the ownership model ↗