The Eighth Wonder of the World
Compound interest, now for your memecoin.
Abyss pools can now reinvest their own fees. Every time someone trades, the new auto-compounding hook takes a cut of the fees, buys the coin with it and puts both sides back into the pool. That liquidity belongs to the hook, so nobody can ever pull it. Not the creator, not us.
You choose how much goes back in, anywhere from 0 to 100%. The rest goes where it always would: to you, to holders, to stakers or into a burn. If the pool takes fees in the coin too, that cut gets burned instead of reinvested.
So the more a coin trades, the deeper its pool gets. The liquidity covers every price, all the way down, so it's still there when the chart turns red. Burn the coin-side fees as well and supply shrinks while the pool grows.
Our first version had a safety check that skipped compounding whenever the price moved too much. Memecoins always move too much, so it basically never compounded. We killed it the same day.
It comes as Fixed, where you set the fee, or Dynamic, where the fee goes up as the market gets more volatile. Pick either one as the hook on a Uniswap v4 pool when you launch. Both SDKs support it too.
Faster launches
Launching is a lot faster, Simple and Advanced. Less waiting before you can sign, and less waiting in between.
Launches break a lot less too. Bigger ones go out over a few transactions, and those could expire if you took too long to sign. They don't anymore, and you can always cancel. If your browser dies halfway, you can come back and finish it or get your funds back. When something does fail, it tells you what failed. And your coin's page goes live the moment it launches.
UFG is in the launcher
In our first post we said we were bringing UFG's Sovereign Treasuries to Abyss. They're in the launcher now. Pick UFG as the first step and your coin's trading fees build a treasury behind it, in whatever the coin trades against. Holders can redeem from the coin's page whenever they want. Every redemption burns coins and leaves a small exit fee behind, so the backing for everyone else goes up.
Bridging to Robinhood
The Pearl bridge is live at app.abyss.trading/bridge. Lock Wrapped Pearl on Ethereum, get WPRL on Robinhood Chain, and bring it back whenever you want.
Pearl is just where we started. A lot of what people hold on other chains isn't on Robinhood Chain yet, and we want to be how it gets here. The setup behind WPRL works for other tokens too, Solana ones included, so adding one doesn't mean starting from scratch. If there's something you want on Robinhood, tell us.
Changelog
- Auto-compounding hooks for Uniswap v4 pools, Fixed and Dynamic.
- Faster Simple and Advanced launches.
- Launches no longer expire mid-way, can always be cancelled and can be picked back up if your browser dies.
- Launch pages go live the moment a coin launches.
- UFG Sovereign Treasury launches, with redemption on the coin's page.
- WPRL bridge between Ethereum and Robinhood Chain.
- Vaults: lock tokens with a cliff and linear vesting.
- Holders tab and market cap on launch pages.
- Mobile fixes across the app.
From the depths...
App: app.abyss.trading
Docs: docs.abyss.trading
Blog: blog.abyss.trading