Camelot Introduces V2 Upgrade With New Concentrated Liquidity AMM

Key Points:

• Camelot has announced the availability of new V2 updates.
• The update will make use of Algebra’s V2 custom implementation, with the goal of providing very efficient trading across the full Arbitrum ecosystem.
• The V2 will be released in three stages. Stages 2 and 3 will be available in the coming weeks.

Camelot has announced the availability of new V2 updates. The product, which will use Algebra’s V2 proprietary implementation, is designed to allow very efficient trading for the whole Arbitrum ecosystem.

On top of Univ3, Algebra’s v2 is a tick-based focused liquidity AMM. The V2 will be released in three stages:

• Stage 1 – Liquidity concentration AMM will be launched on Saturday, April 8.
• Stage 2: UI enhancements
• Stage 3 – High-efficiency farms with concentrated liquidity

Stages 2 and 3 will be available in the coming weeks.

Camelot is built to support Arbitrum protocols, therefore, its approach to providing concentrated liquidity is naturally centered on how the DEX can produce the greatest product possible that native users, traders, and developers want to use.

One of the major impediments to widespread adoption has been the difficulty of concentrated liquidity, particularly for smaller users who aren’t experienced liquidity providers and protocols that don’t have the capacity to actively manage positions or bootstrap their pools.

Rather than rewriting a clAMM from scratch, Camelot exploited the extremely efficient and feature-rich Algebra’s v2 codebase, enabling the DEX to concentrate on making the AMM work inside our current infrastructure. By doing so, it is able to install an AMM that is both provably efficient and tailored to the unique demands of Camelot and the larger Arbitrum ecosystem.

With features such as directional and dynamic volatility fees, limit orders, rebasing tokens, and adjustable tick spacing, the new AMM will deliver a more user-friendly experience.

The idea is to make concentrated liquidity more user-friendly and accessible, allowing the ordinary user and passive LP to obtain the same efficiency advantages as a professional and active trader. Camelot thinks that by doing so, it will be able to produce bigger volumes and revenues while also providing protocols with a mechanism to bootstrap its pools.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Harold

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