alps
Swap volume created over $2B in fees in 2025.
We allow anyone to earn them.
Most fees flow to actively managed positions held by sophisticated Liquidity Providers. Tapping into this yield requires infrastructure and knowledge - alps opens it up to anyone.
Summary
Deposit
USDC and gain exposure to a portfolio of active positions across high volume pairs. An agent tightens these positions and rotates capital between pools to maximize fee earnings while managing risk.
Vault flow
Where your deposit goes.
The vault deploys capital into our portfolio of active liquidity positions and idle operative liquidity. An agent rebalances active positions and uses the idle reserve for withdrawals and rotations.
38
24
18
12
8
Strategy
Outpacing IL and LVR.
Concentrated positions earn the most fees but bleed the most to IL and LVR. Agents retighten ranges and rotate capital to keep yield ahead of both.
Total Deposits
