Cykura Description
Cykura, the first AMM to use concentrated liquidity on Solana, pushes the limits of capital efficiency while allowing for lightning-fast transactions. Cykura, an AMM, solves the capital inefficiency problem and maximizes returns for liquid providers while offering a smooth experience for traders. Cykura combines concentrated liquid with the lightning fast and low-cost Solana Blockchain, eliminating every pain point that liquidity providers face in the DeFi space. Forever say goodbye to high gas costs and static price curves. Liquidity providers can place their assets in price intervals that they choose, i.e. "Concentrating" their liquidity. Concentrated liquidity allows liquidity providers to distribute their liquidity in any way they choose and rewards them when they meet market demand. LPs are paid trading fees based upon how much of their liquid is used.