
Liquidity Canal · Meteora DLMM
Rent, in range.
Live pool
Checking configuration…
When configured, the app lazily loads the official @meteora-ag/dlmm SDK, checks the account owner is LBUZKhRxPF3XUpBCjp4YzTKgLccjZhTSDM9YuVaPwxo, and that the pair's mints equal the configured PUNK and USDC mints on the configured cluster.
Three separate balances
- GPU ownership shares — non-transferable registry records. Never tradable, never LP collateral.
- USDC — the accounting unit for rent, NAV and redemptions.
- PUNK (proposed SPL utility token) — no backing, peg, floor, redemption or yield right. No mint exists.
- Compute credits — prepaid, non-transferable service balance; never LP capital.
Honest LP tradeoffs
Fees ≠ rent. Trading fees are a separate cash flow and only accrue while the active bin is inside your range.
Inventory conversion. As price crosses your bins, USDC becomes PUNK (price falling) or PUNK becomes USDC (rising).
No lending yield. DLMM does not deposit idle liquidity into Dynamic Vault lending.
Limit orders & zaps. Limit-order bins are only shown if the actual pair reports LimitOrder mode. No atomic zap is claimed: swap and add-liquidity are separate signed steps.