PICON FINANCE
Put your liquidity
exactly where you want it.
Picon DLMM keeps liquidity in discrete price bins instead of spreading it thin along a curve. You choose the exact prices your money works at, and earn a bigger share of the fee when the market moves.
Pick your prices, keep the fees
- Choose your range. Put liquidity only at the prices you actually want to buy or sell at, rather than across the whole curve.
- Fees rise with volatility. When the market moves fast, the fee goes up automatically — so you're paid more when the risk is higher.
- Concentrated, not spread thin. Your capital sits in the bins you picked rather than stretched across prices nobody trades at.
Adjust, claim, exit — any time
- Claim without closing. Collect earned fees whenever you like and leave the position running.
- Withdraw as much or as little as you want. Take out a percentage or the whole position — it's your call, not a fixed exit.
- Nothing is locked. No lock-ups and no waiting periods; the position is yours to change whenever the market does.
Each bar is a bin
A bin is one fixed price. Every token sitting in that bin trades at that exact price — no curve, no drift. When a bin runs out, the market simply moves to the next one along.
The bin currently being traded is the active bin. It's the only one holding both tokens at once. Bins below it hold the token people are buying with; bins above hold the token they're buying.
Spot
The same amount in every bin. Simple, even coverage across your whole range — a good default if you have no strong view.
Curve
Most of your liquidity around the current price, tapering outward. Earns the most fees while price stays put.
Bid-Ask
Weighted toward the edges of your range. Suits selling into strength and buying into weakness as price swings.
Connect your wallet
Any Solana wallet works. Nothing leaves your wallet until you approve a transaction.
Pick a pool
Browse the live pools and open the pair you want to provide liquidity for.
Add liquidity
Choose a price range and a shape, deposit, and start earning fees on every trade through your bins.
What does a "bin" actually mean for me?
It's one exact price. Your liquidity sits in the bins you chose, and you earn the fee on every trade that passes through them. A trade small enough to fit inside one bin clears at exactly that price — larger ones cross several bins in turn.
What fees do I pay, and what do I earn?
Each pool sets a base fee, and a volatility component is added on top when the market is moving quickly — then decays as things calm down. Traders pay it; liquidity providers in the bins that were traded earn it.
Can I lose money providing liquidity?
Yes. As price moves through your range, your position converts between the two tokens, so you can end up with a different mix than you deposited and worth less than simply holding — commonly called impermanent loss. Fees earned offset it, but they don't guarantee a profit.
What happens if price leaves my range?
Your position stops earning fees, because trades are happening in bins you don't hold. It sits fully in one of the two tokens until price comes back, or until you move your range.
Is Picon holding my funds?
No. It's a non-custodial on-chain program — your tokens are in your own wallet or in your own position, and every action needs your signature. Everything the program does happens on Solana, so every action against your position is public and auditable on-chain.
Where do I read the detail?
The lightpaper covers the mechanics and the maths, and compare puts it side by side with other AMM designs.
Ready when you are
Live on Solana mainnet. Connect a wallet and put your liquidity exactly where you want it.