SPRUND

Arc · liquidity network

Liquidity that
cannot walk away.

Every position SPRUND owns lives in a contract that can add liquidity or burn, and nothing else. Fees compound back into the pools, the SPRUND side is burned, and stakers are paid in the assets themselves.

Buy SPRUNDBuy in-appStake for dividends
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How the liquidity network works.

The SPRUND paper
  1. A stack of glass slabs whose top layer dissolves into particles
    01

    Fixed supply

    SPRUND is a fair launch token with fixed supply. Nothing is minted after genesis; the supply only goes down.

  2. A glass cube tethered by gold threads to six glass spheres
    02

    Protocol-owned liquidity

    SPRUND is deployed as protocol-owned liquidity, paired against stablecoins and tokenized assets. The treasury contract holds every position.

    Dividends paid…to stakers, from harvested fees, pro rata
  3. A pulse of light travelling through glass channels
    03

    Routing

    SPRUND enables routing between any of the paired assets. Every pair is a hop, so every pair sees flow.

  4. Gold droplets thrown off a frozen wave, collected in a tray
    04

    Harvest

    The treasury harvests fees from the volatility of every paired asset, in the asset and in SPRUND.

  5. Nested glass layers growing outward from a core
    05

    Compounding

    Fees autocompound back into the pools to deepen liquidity, which lets the network earn more fees as time goes on.

  6. Streams of light converging into a glowing core
    06

    Network volume

    SPRUND benefits from all the volume going through any of the paired assets, and from price dislocations between a token and its off-chain counterpart.

Stats

Updated live
Protocol-owned LPs
—
TVL in SPRUND-owned pools
—
held by the treasury contract
24h LP fees
—
protocol-owned positions
Lifetime LP fees
—
harvested fees marked at harvest-time prices
Dividends distributed
—
from the dividend vault, lifetime
Burned SPRUND
—

Every swap fee splits three ways.

Policy at launch
01
50%

Liquidity pools

Fees route back into the pools. Depth compounds on its own. More depth means more volume. More volume means more fees. More fees mean more liquidity.

02
25%

Burn

SPRUND harvested as fees is burned. Once liquidity depth reaches critical mass, excess stablecoin fees also buy SPRUND on the open market and burn it.

03
25%

Dividends

Stablecoin fees flow to the dividend vault. Anyone who stakes SPRUND receives them pro rata, in the asset itself, no emissions.

Protocol-owned LPs (0)

Sorted by TVL, descending
No protocol-owned pools yet. The first pair opens at launch.

Risk

Pools run 24/7 while the assets they track do not. Stablecoins follow FX markets that close on weekends, and tokenized assets follow markets with trading hours. Prices can move while the underlying market is closed, and liquidity is thinner then. Fees earned in those windows come with more inventory risk.