Liquidity
Deep liquidity in efficient pools is the lifeblood of the GIGA ecosystem. GIGA unifies four pool types into a single liquidity layer for Robinhood Chain, giving LPs more ways to deploy capital than anywhere else in crypto.
Pool Types
Stable pools: for correlated assets that should trade near parity, such as stablecoins, wrapped assets, and LSTs. Optimized curves deliver tight execution and minimal slippage around the peg.
Volatile pools: standard constant-product (x*y=k) pools for freely trading pairs where price discovery matters and no fixed relationship between assets is expected.
Concentrated liquidity pools: these let LPs deploy capital inside a chosen price range. Liquidity concentrated around the current price earns more fees per unit of capital. The tradeoff is active management: a position outside its range earns nothing until price returns or the LP rebalances.
propAMM pools: oracle-priced pools built by partner BrownFi and listed on GIGA. Every trade is priced from a live Pyth oracle feed rather than from the pool’s own reserves, so the pool never quotes a stale price for arbitrageurs to pick off. That removes the main cause of impermanent loss in curve-based pools. There is no range to set and no position to rebalance: deposits are matched by value at the oracle price, and LPs hold a standard ERC-20 receipt token. propAMM is the passive-hold option on GIGA, including for tokenized equities, and a share of every propAMM trading fee routes back to the GIGA protocol, the same as fees from any other pool.
Full-Range vs Range-Based
Stable and volatile pools are full-range: LPs deposit both assets and are exposed across the whole curve, with minimal maintenance.
Concentrated positions are range-based: the LP sets lower and upper bounds and only provides liquidity while the market trades inside them. Narrow ranges capture more fees per dollar; wide ranges stay active across more price movement and need less frequent rebalancing.
propAMM positions have no range at all. The oracle sets the price, and the position is always active.
The GIGA interface includes a liquidity ladder view for concentrated positions, showing where a position’s liquidity sits relative to the current market price.
LP Revenue
LPs earn from two sources:
- Swap fees from trading volume in their pool.
- GIGA emissions, on gauged pools, streamed continuously while liquidity is active and in range.
GIGA keeps its protocol cut low. On non-gauged pools, 90% of swap fees stay with LPs and the protocol takes 10%. That 10% never leaves the ecosystem: it is routed in full to veGIGA stakers, the users with the longest commitment to GIGA. See veGIGA.
Gauged Pools
Gauged pools receive GIGA emissions from the LP Emissions Reserve. Emissions are allocated per-pool by the protocol’s emissions controller and rebalanced hourly based on each pool’s rolling revenue. There are no vote epochs, bribe markets, or governance processes involved in the allocation. See Emissions.
Non-Gauged Pools
Any pool can be created permissionlessly and earns swap fees. Non-gauged pools receive no GIGA emissions, but they keep most of what they earn: 10% of swap fees goes to the protocol, and the other 90% is paid to the pool’s LPs.
Even that 10% is returned to users. It is routed in full to veGIGA stakers, so every pool on GIGA, gauged or not, feeds the same revenue stream, and none of it leaves the GIGA ecosystem.