Defx is a purpose-built Layer 1 blockchain optimized for high-frequency, multi-asset perpetual trading. Through its native vault system, the Defx Liquidity Engine (DLE), the protocol offers passive yield opportunities for LPs by running delta-neutral market-making strategies across supported markets. This Liquidity.Land program is designed to expand access to DLE for high-intent capital providers and reward long-term participants with native yield and a points booster.
The Defx Liquidity Engine (DLE) is the backbone of Defx’s on-chain trading system. It is a vault infrastructure that sources capital from LPs and deploys it into delta-neutral market-making strategies across all Defx perps markets. Full information about the DLE here: https://docs.defx.com/docs/defx-liquidity-engine
| Item | Details |
|---|---|
| Asset | USDC |
| Network | Defx L1 (deposits via Arbitrum or Solana bridge) |
| APY | 15-30% in USDC (Native yield from platform activity) |
| Points Boost | 200% points boost for Liquidity.Land users. Points convert to tokens at TGE |
| Program Duration | 180 days |
| Lockup Period | No protocol enforced lockups but users will lose out on the points boost in case of withdrawals made before 3 months. |
| Yield source | Trading fees, liquidation profits and funding fees. |
Defx vaults earn organic yield by:
Capturing funding arbitrage across long/short positions
Profits from liquidation
Trading fees.
No emissions or farming wrappers. Yield is based on active market dynamics and vault capital utilization and can scale as platform activity increases.