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How to Open a Position (HODLMM)

Learn How to Add Liquidity (LP) in a HODLMM pool

Updated over 3 weeks ago

1. Connect Wallet

  • Click "Connect Wallet" and approve connection

2. Start by Creating a Position: Add Liquidity

  • Navigate to the Pool page

  • Find your desired HODLMM pool (Ex: USDC/sBTC)

  • Click the "+ Add Position" button

3. Set Price Range

In the SET PRICE RANGE section:

The UI shows:

  • Min Price: Lower bound of your position

  • Max Price: Upper bound of your position

  • Min Counts/Max Counts: Number of price bins

You can:

  • Use the default range for your selected strategy

  • Manually adjust the range using the chart

  • Enter specific values in the input fields

The chart displays:

  • Current price line

  • Your selected range (highlighted area)

  • Depth of existing liquidity (bar chart on right)

4. Select Volatility Strategy

In the SELECT VOLATILITY STRATEGY section, choose from three options:

Spot

  • Range: Flat distribution, wide spread around current price

  • Best for: Steady earners seeking low-maintenance yields

  • Risk: Lower, built-in diversification

Curve

  • Range: Bell-shaped, concentrated around current market price

  • Best for: Active LPs who monitor markets regularly for higher yield potential

  • Risk: Medium, higher efficiency when price stays in range

Bid-Ask

  • Range: V-shaped, liquidity at far ends of price range to capture swings

  • Best for: Professional LPs and institutions chasing higher yields

  • Risk: Higher, requires active management

Each strategy card shows a visual representation of liquidity distribution.

Read more about combining multiple Strategies within a position here.


5. In the ENTER DEPOSIT AMOUNT section:

  • Enter amount for the first token

  • Enter amount for the second token

  • View current balance below each input field

  • Check the slippage percentage

6. Review Price Range Details

The interface displays:

  • Min Price: Lower bound

  • Max Price: Upper bound

  • Bin Counts: Number of price bins (shown as "0" initially)

  • Percentage changes

7. Review Position Summary

Before confirming, check:

  • Total value of position

  • APR estimate (e.g., 7.15%)

  • Distribution across selected range

  • Current pool metrics

8. Add Liquidity

  1. Click the "Add Liquidity" button (green button at bottom)

  2. Review "Cost Details" if needed

  3. Approve transaction in your wallet

You have now successfully added liquidity!


Understanding the Interface

Pool Information (Top Section)

  • TVL: Total Value Locked in pool

  • Volume 24h: Daily trading volume

  • Fee/TVL: Fee percentage

  • Pool Composition: Token ratios


Your Liquidity Section

Shows your existing positions:

  • Total Value: As implied, displays your total value.

  • Total Staked: Your Staked balance.

  • Earnings: Your position's earnings.

Chart

  • Historical price movement

  • Current price point

  • Your selected range overlay

  • Liquidity depth visualization

Activity Tab

  • Use this tab to view your LP activity.

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