LIKWID

Docs

Launch APP

Leverage your

profits forany token

The first fully permissionless, oracle-less, margin trading protocol
based on uniswap V4.

Does not rely on 
third-party oracles

Listing of Any Assets permissionless

Dual liquidation mechanism

Swap-based liquidation mechanism and repayment-based liquidation mechanism

Dynamic fee

Implementing the Swap-based liquidation mechanism 
will cause the fee to change, and liquidation penalties 
will be sent to LPs.

Truncated price for 
Anti Price manipulation

The first implementation uses truncated price proposed by Uniswap as the liq.price to prevent flash loan attacks and price manipulation.

Structured Liquidity

Users can freely choose the tokens that can be 
borrowed

Enhanced Security

All LPs are managed directly by Uniswap v4's singleton contracts

Likwid constant product formula

Uniswap v2

K = 20 * 100

x=20

y=100

Likwid formula

K = ( 20 + 0 ) * ( 90 + 10 )

x=20

y=90

y’=10

This simple formula bridges the gap between lending and swapping, 
achieving the unification of the two largest sectors in DeFi.

where:
x,y: Represents the target ERC-20 token quantity.
x',y′: A mapped derivative token created by the protocol.

Likwid hook on uniswap v4

Singleton contract

Provide important gas savings

Flash accounting( EIP-1153)

Bring cleaner contract designs

Native ETH

Additional gas savings

Roadmap

2024 Q4

Kickoff 
Team Construction
Product Prototype
Testnet Launch

2025 Q1

Security Audit
Launch β Version on Mainnet
V1 Version Testnet Launch

2025 Q2

V1 Version Mainnet Launch
DAO Governance & Voting
V2 Product Conception
V2 Version Testnet Launch

2025 Q3

V2 Version Mainnet Launch
Token Economics Proposals

Grant

Uniswap Foundation

https://x.com/UniswapFND/status/1882152511320277094