Nabla Finance is a yield protocol where the yield is generated by the hyper-efficient Nabla AMM.
Depositors receive a yield-bearing version of their asset that can be used in DeFi.
Nabla AMM uses a combination of a high-frequency oracle, EV:GO (protects from toxic trades), and custom slippage curves.Â
The liquidity of the pools is concentrated within a few basis points around the market-fair price to achieve the highest capital efficiency for the Nabla AMM.
thanks to an insurance pool, a.k.a. the Backstop Pool.
AMM
TOTAL TVL
TOTAL VOLUME
AVERAGE APY
APY
31.6%
APY
33%
APY
31%
APY
8.6%
APY
24.9%
APY
45%
Data shown is taken from 30 day APR on DeFiLlama .
Nabla protocol uses oracle-based pricing and volatility signals to front-run the price on other AMMs so arbitrageurs can swap between Nabla and them.
The yield comes purely from the swap fees generated by the Nabla AMM.
Not directly. Still, swaps are possible for humans using intent-based order routing solutions (like ODOS) and DeFi aggregators (like 1inch).
The risks of the liquidity pools are isolated and confined to a Backstop pool(BSP). Except for the smart contract risks, the liquidity pools are very low-risk. The BSP carries all the risks, including the inventory risk of unbalanced pools. For more information, check our docs.
Yes, the larger the pools, the bigger arbitrage opportunities exist and the profitability is scalable as a result. An estimated 80% of the swap volume on passive AMMs like Uniswap or Aerodrome comes from arbitrage. Nabla could be at the winning end of most of those transactions. And we haven’t even tapped into other order flow sources like solvers or dex aggregators.
Definitely! We do internal yield tests before listing any asset. Only if we achieve scalable results do we list them. Soon, the DAO will decide about new listings.
