Somnex is built around three main types of liquidity pools: Perp Pools (SPLP), V2 AMM Pools, and V3 AMM Pools. Each pool has a different structure, risk profile, and reward mechanism. Understanding how they work is key to making the most of Somnex’s DeFi ecosystem.

This guide breaks down each pool type, how to provide liquidity, how you earn yield, and how to manage positions from the Somnex Dashboard.

Perp Pools are the backbone of Somnex’s perpetual markets. Instead of depositing a token pair, you deposit a single stablecoin (USDC or USDT) and receive SPLP tokens in return.

• Single-sided deposits: Only one asset USDC or USDT required.

• No lock-ups: Withdraw anytime after a short ~15 minute cooldown from your deposit.

• Auto-compounding: Fees from perp trading are streamed into the pool and reflected in SPLP’s value, no need to manually claim.

When traders open leveraged positions, they borrow liquidity from these pools. Utilization of the pool determines the level of fees generated, which are distributed to SPLP holders.

1. Go to Pools → + Add Liquidity → Perp.

2. Select the USDC or USDT pool.

3. Review the APR and your entry.

4. Approve your stablecoin, confirm the transaction, and receive SPLP.

5. Track your position in Dashboard → Pools → Perp Pools.

When you deposit into a Perp Pool, you receive SPLP

• Deposit stables → Mint SPLP.

• Withdraw stables → Burn SPLP.

• SPLP grows in value as trading fees accumulate in the pool.

This makes SPLP a simple, auto-compounding stablecoin yield vehicle.

Users who want passive, low-risk stablecoin yield without dealing with impermanent loss.

V3 pools let liquidity providers deploy funds only within chosen price ranges. This is known as concentrated liquidity. By narrowing liquidity bands, you earn more fees per liquidity provided if the trading price stays inside your chosen range.

• Customizable ranges: From narrow (+/-5%) to wide or even full-range.

• Fee tiers: 0.05%, 0.3%, 0.5%, and 1%, depending on volatility.

• Capital efficiency: Small amounts of liquidity can generate outsized fee income.

Positions are NFT-style entries on-chain that record your price range and liquidity.

1. Navigate to Pools → + Add Liquidity and select V3.

2. Choose a pair (e.g., SOMI/USDC.e) and fee tier.

3. Pick a price range (start with “Common ±10%” if unsure).

4. Enter token amounts, approve, and confirm.

5. Monitor your position in Dashboard → AMM Pools → V3.

• Range-out risk: If price leaves your band, liquidity becomes inactive (no fees).

• Impermanent loss (IL): You may end up holding more of the underperforming asset if price trends.

• Active management required: Positions need rebalancing.

Advanced users who want to maximize capital efficiency and are comfortable managing positions actively.

V2 pools are the traditional constant-product AMM (x·y = k). Liquidity is spread across the entire price curve. You deposit two tokens 50/50 by value and earn a share of all trading fees in the pool.

• Full-range liquidity: Always active, no need to manage ranges.

• Simple structure: Ideal for beginners and meme tokens.

• Lower fee density: Compared to V3, since liquidity is always spread thinly.

1. Go to Pools → + Add Liquidity and select V2.

2. Select a pair (e.g., SOMI/USDC.e).

3. Deposit equal values of both tokens (50/50).

4. Approve and confirm the transaction.

5. Track your LP tokens and share of the pool in the Dashboard.

• Impermanent loss and Market volatility: High exposure to token price swings.

Users who want set-and-forget exposure without managing price ranges, and are comfortable with IL.

• Perp Pools (SPLP): Best for stable, passive income in USDC or USDT.

• V2 Pools: Best for long-term exposure and simplicity.

• V3 Pools: Best for advanced LPs who want to actively manage liquidity for higher returns.

Somnex offers a layered liquidity design - Perp Pools for stability, V2 for simplicity, and V3 for precision. The Dashboard makes it easy to monitor all positions, from PnL in Perp Pools to range status in V3.

As with all DeFi activity, yields are real but so are risks: impermanent loss, and volatility. Start small, learn the mechanics, and gradually scale as you grow comfortable with the system.

In short:

• SPLP = passive stablecoin yield.

• V2 = always-on, simple AMM exposure.

• V3 = capital-efficient, actively managed liquidity.

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Somnex is built around three main types of liquidity pools: Perp Pools (SPLP), V2 AMM Pools, and V3 AMM Pools. Each pool has a different structure, risk profile, and reward mechanism. Understanding how they work is key to making the most of Somnex’s DeFi ecosystem.

This guide breaks down each pool type, how to provide liquidity, how you earn yield, and how to manage positions from the Somnex Dashboard.

Perp Pools are the backbone of Somnex’s perpetual markets. Instead of depositing a token pair, you deposit a single stablecoin (USDC or USDT) and receive SPLP tokens in return.

• Single-sided deposits: Only one asset USDC or USDT required.

• No lock-ups: Withdraw anytime after a short ~15 minute cooldown from your deposit.

• Auto-compounding: Fees from perp trading are streamed into the pool and reflected in SPLP’s value, no need to manually claim.

When traders open leveraged positions, they borrow liquidity from these pools. Utilization of the pool determines the level of fees generated, which are distributed to SPLP holders.

1. Go to Pools → + Add Liquidity → Perp.

2. Select the USDC or USDT pool.

3. Review the APR and your entry.

4. Approve your stablecoin, confirm the transaction, and receive SPLP.

5. Track your position in Dashboard → Pools → Perp Pools.

When you deposit into a Perp Pool, you receive SPLP

• Deposit stables → Mint SPLP.

• Withdraw stables → Burn SPLP.

• SPLP grows in value as trading fees accumulate in the pool.

This makes SPLP a simple, auto-compounding stablecoin yield vehicle.

Users who want passive, low-risk stablecoin yield without dealing with impermanent loss.

V3 pools let liquidity providers deploy funds only within chosen price ranges. This is known as concentrated liquidity. By narrowing liquidity bands, you earn more fees per liquidity provided if the trading price stays inside your chosen range.

• Customizable ranges: From narrow (+/-5%) to wide or even full-range.

• Fee tiers: 0.05%, 0.3%, 0.5%, and 1%, depending on volatility.

• Capital efficiency: Small amounts of liquidity can generate outsized fee income.

Positions are NFT-style entries on-chain that record your price range and liquidity.

1. Navigate to Pools → + Add Liquidity and select V3.

2. Choose a pair (e.g., SOMI/USDC.e) and fee tier.

3. Pick a price range (start with “Common ±10%” if unsure).

4. Enter token amounts, approve, and confirm.

5. Monitor your position in Dashboard → AMM Pools → V3.

• Range-out risk: If price leaves your band, liquidity becomes inactive (no fees).

• Impermanent loss (IL): You may end up holding more of the underperforming asset if price trends.

• Active management required: Positions need rebalancing.

Advanced users who want to maximize capital efficiency and are comfortable managing positions actively.

V2 pools are the traditional constant-product AMM (x·y = k). Liquidity is spread across the entire price curve. You deposit two tokens 50/50 by value and earn a share of all trading fees in the pool.

• Full-range liquidity: Always active, no need to manage ranges.

• Simple structure: Ideal for beginners and meme tokens.

• Lower fee density: Compared to V3, since liquidity is always spread thinly.

1. Go to Pools → + Add Liquidity and select V2.

2. Select a pair (e.g., SOMI/USDC.e).

3. Deposit equal values of both tokens (50/50).

4. Approve and confirm the transaction.

5. Track your LP tokens and share of the pool in the Dashboard.

• Impermanent loss and Market volatility: High exposure to token price swings.

Users who want set-and-forget exposure without managing price ranges, and are comfortable with IL.

• Perp Pools (SPLP): Best for stable, passive income in USDC or USDT.

• V2 Pools: Best for long-term exposure and simplicity.

• V3 Pools: Best for advanced LPs who want to actively manage liquidity for higher returns.

Somnex offers a layered liquidity design - Perp Pools for stability, V2 for simplicity, and V3 for precision. The Dashboard makes it easy to monitor all positions, from PnL in Perp Pools to range status in V3.

As with all DeFi activity, yields are real but so are risks: impermanent loss, and volatility. Start small, learn the mechanics, and gradually scale as you grow comfortable with the system.

In short:

• SPLP = passive stablecoin yield.

• V2 = always-on, simple AMM exposure.

• V3 = capital-efficient, actively managed liquidity.

Somnex Mainnet | Twitter | Discord