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Liquidity with sky-high efficiency

Slipstream

Powered by dynamic fees and active-range rewards, Slipstream is one of the world's most capital-efficient concentrated liquidity AMMs, now with protocol-level MEV capture.

A concentrated liquidity AMM built for everyone.

LPs

Capital that works harder and smarter

Slipstream is consistently able to capture more volume and fee share across market conditions and pools, delivering more value for LPs on Aero.

Traders

Deep productive liquidity around the active price

Slipstream only rewards liquidity in its active range, which keeps depth concentrated where trades actually clear. The result is tighter fills across trade sizes.

Issuers

A pool anywhere is a pool everywhere

Every Slipstream pool is connected, so issuers can concentrate POL and incentives in one pool on one chain and serve flow from across the liquidity network.

Dynamic fees that outcompete

Slipstream prices each swap against current market conditions, dynamically adjusting fees according to demand and trade size. Fees recalculate as trades move the price, so small swaps are priced to compete and large ones pay in proportion to impact. Volatility lifts fees further when carrying depth costs more.

Full onchain data visibility

Every pool keeps its books. The new Pool Tape contract records data such as fees, volume, swap count, time-weighted liquidity, and which volume was MEV-classified. Pool-level history is then stored onchain and queryable by any contract. LPs can check what a pool has actually earned before depositing without having to trust offchain estimates.

Built for institutions

Slipstream is built to compete for institutional flow on transparent terms. Desks, aggregators and routers can be registered for a fee discount in a shared, onchain registry. Terms that used to live inside a private agreement can now sit onchain.

Internalized MEV

Where other AMMs leak value, Slipstream internalizes it.

Most AMMs leak value to bots and sequencers. Slipstream intercepts MEV on L2s, redirecting value back through the fee path to LPs and sAERO.

How Slipstream works

Active Tick Rewards

LPs select a price range where their capital will be active. Aero only streams rewards to liquidity when it is used for trades.

Competitive Yield

LPs can choose to earn AERO Rewards that are allocated by token operators, even in advance of trading activity.

Strategic Positioning

Out-of-range, single-sided deposits can express a price view onchain, behaving much like a range order in traditional finance.

Aero is on the horizon.
Stay tuned.