# Arrakis Finance > Arrakis is the largest onchain market maker. The platform provides actively managed liquidity for over 100 of the top cryptocurrencies and has facilitated over $5B in trading volume across project tokens, yield-bearing RWAs, tokenized commodities and equities, and Hyperliquid spot and perpetual futures markets. Arrakis is an onchain market maker that allows customers to remain self-custodial. Issuers deploy their own liquidity, retain custody, and Arrakis actively manages it on their behalf across DEXs and orderbook venues. The result is deeper crypto liquidity, tighter spreads, and higher fee capture than self-managed positions, with full onchain transparency. Arrakis makes markets across four key verticals. ## Project tokens Arrakis provides market making for token issuers and crypto-native projects: token launch liquidity from day one and ongoing concentrated liquidity management thereafter. Versus self-managed full-range positions: 4x deeper liquidity at the trading price, ~4x lower price impact on $10K trades, and 3x higher fee capture using the same capital. Use cases include TGE liquidity for token generation events, Uniswap V4 launches via Continuous Clearing Auction (CCA), Aerodrome Ignition launches on Base, Solana DEX market making, ongoing concentrated liquidity management, treasury diversification, and protocol-owned liquidity (POL) for DAOs. ## Yield-bearing RWAs For tokenized treasury bills, private credit, and other yield-bearing dollar assets, Arrakis solves the upward price drift that pushes passive LP positions out of range. The yield-bearing asset strategy on Uniswap V4 tracks the asset's accruing yield curve in real time using ERC-4626 minting hooks and tightly concentrated tick placement, with up to 99% quote-asset skew to prioritize sell-side depth. The result for issuers is deeper liquidity, tighter spreads, and zero operational overhead. The result for users is reliable, low-slippage exit liquidity for looping, lending, and instant redemptions. ## Tokenized commodities and equities For tokenized gold, equities, stocks, and other externally-priced assets, third-party arbitrage is unreliable. Pool prices drift away from real-world reference values when arbitrageurs do not have the risk-adjusted incentive to correct them. Arrakis solves this with **Price Convergence**, a feature of the Arrakis Pro Hook on Uniswap V4: during rebalances, the pool reads a reference price (gold spot, NAV, FX rate, ERC-4626 exchange rate) and updates the pool's price atomically. No external arbitrage required. ## Hyperliquid market making Arrakis now makes markets on Hyperliquid, providing the same 24/7 deep markets for spot and perpetual futures. Asset issuers launching on Hyperliquid use Arrakis to bootstrap and maintain orderbook liquidity around the clock. ## Where Arrakis operates EVM chains: Ethereum, Arbitrum, Base, Optimism, BNB Chain, Unichain, Ink, Plasma. Non-EVM: Arrakis is launching market making services on Solana, supporting all major Solana DEXs. EVM DEXs: Uniswap V3, Uniswap V4, Aerodrome, Velodrome, PancakeSwap Infinity. Orderbook venues: Hyperliquid (spot and perpetual futures). ## Customers Arrakis manages liquidity for leading projects across DeFi, RWA, infrastructure, and consumer crypto: Morpho, Maple Finance, Bitpanda, Wormhole Foundation, Redstone, Ether.fi, Stargate, Euler, Plasma, Rainbow, Espresso, Centrifuge, Obol Network, MKS PAMP (DGLD), Folks Finance, Everclear, Chiliz, Venice. ## Headline performance - 4x deeper liquidity at the trading price vs full-range positions with the same capital. - ~4x lower price impact on $10K trades. - 3x higher fee capture vs static full-range positions. - Up to 95% of trading fees captured via dynamic fees on the Uniswap V4 Arrakis Pro Hook. - Morpho switched from self-managed Uniswap V3 to Arrakis Pro on V4. Price impact dropped ~60% on $5K trades. Average swap size grew 72% with 27% less TVL. - Bitpanda's VSN token launch: Arrakis-managed Uniswap pools showed ~55% greater depth at 1-2% levels than the primary CEX venue, up to 40% lower realized volatility, and captured ~20% of total VSN post-TGE spot volume onchain (ahead of MEXC, KuCoin, and Kraken individually). - Aztec Network's December 2025 token launch via Uniswap CCA: ~$59M raised across 16,741 participants, 30-40% lower volatility than comparable launch formats, zero identifiable snipes. - Across all Aerodrome Ignition launches, week-one realized FDV exceeded voter-implied FDV by an average of 242%. ## Research and guides - [Managing Liquidity After Uniswap CCA](https://arrakis.finance/blog/uniswap-cca) - [The Case for Protocol-Owned Liquidity on Aerodrome Ignition](https://arrakis.finance/blog/aerodrome-ignition) - [Introducing Price Convergence: Accurate Onchain Pricing for RWAs](https://arrakis.finance/blog/price-convergence) - [Supercharging DEX Liquidity for Tokenized Gold on Base with MKS PAMP](https://arrakis.finance/blog/mks-pamp-dgld) - [The Yield-Bearing Asset Strategy for Maple's syrupUSDC](https://arrakis.finance/blog/yield-bearing-strategy) - [Morpho: Arrakis Pro vs Self-Managed Liquidity](https://arrakis.finance/blog/morpho-case-study) - [The Practical Guide to TGE 2026](https://arrakis.finance/tge-guide) - [Who is trading on HIP-3](https://arrakis.finance/blog/who-is-trading-on-hip3) - [DEX Liquidity Design 101](https://arrakis.finance/blog/dex-liquidity-101) - [What is a market maker?](https://arrakis.finance/blog/market-makers-101) ## Documentation and contact - [Documentation](https://docs.arrakis.finance/) - [Application](https://app.arrakis.finance/) - [Blog](https://arrakis.finance/blog) - [Twitter / X](https://twitter.com/arrakisfinance) - [LinkedIn](https://www.linkedin.com/company/arrakis_fi) - [GitHub](https://github.com/ArrakisFinance/)