Cykura is an automated market maker platform built on Solana that allows market makers to choose the price range in which their market is active. Users can designate a price range within which they are willing to make markets, reaping the same market making rewards with a fraction of the previously required capital.
Automated Market Makers only use the current trading price of a given asset pair in order to execute trades. There is a large share of assets spread thinly across a wide price range that are not utilized. There is a solution for putting all of the assets to work.
Fees are earned in proportion to the share of the liquidity they control. In order to maximize opportunities for earning,LPs have a strong incentive to actively manage where their assets lie along the price curve. There will always be an incentive to shift assets to underserved portions of the pool, as this presents an opportunity to capture a much higher share of pool fees for the LP.
