Initialize your own concentrated liquidity pool with DLMM. DLMM allows you to earn fees for liquidity provision, earn dynamic fees during market volatility and earn liquidity mining rewards where available.

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Program Address

  • Mainnet-beta: LBUZKhRxPF3XUpBCjp4YzTKgLccjZhTSDM9YuVaPwxo
  • Devnet: LBUZKhRxPF3XUpBCjp4YzTKgLccjZhTSDM9YuVaPwxo

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Resources

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Features

Multiple Pool Types

Permissionless Pools: Open to anyone, fully decentralizedPermission Pools: Restricted access with admin controls and activation mechanicsCustomizable Permissionless Pools: Enhanced permissionless pools with more configuration optionsPermission V2 Pools: Enhanced permission pools with Token2022 support

Concentrated Liquidity Management

Bin-based Liquidity: Liquidity organized in discrete price bins (similar to Uniswap V3 ticks)Dynamic Active Bin: Automatically shifts based on trading activityBin Array Management: Efficient storage and management of multiple price rangesPosition Management: Support for up to 70 bins per positionMultiple Liquidity Strategies: Add liquidity by weight distribution, strategy (balanced/imbalanced), single side, precise amounts, or seed liquidity for initial setup

Advanced Swap Features

Exact Input Swaps: Standard swap with specified input amountExact Output Swaps: Reverse swaps with specified output amountPrice Impact Protection: Configurable maximum price impact limitsMulti-hop Swapping: Through bin arraysHost Fee Support: Referral fee mechanismSwap Access Controls: Whitelisting and activation-based restrictions

Dynamic Fee System

Base Fees: Configurable base fee rates per bin stepVariable Fees: Dynamic fees based on volatilityComposition Fees: Additional fees for complex operationsFee Parameter Updates: Admin-controlled fee adjustments with time windows

Farming & Rewards System

Dual Reward Support: Up to 2 different reward tokens per poolTime-based Rewards: Configurable reward duration and ratesReward Funding: Flexible reward funding mechanismsReward Claims: Granular reward claiming per bin rangeReward Funder Management: Transferable reward management rights

Position Features

Position Initialization: Create liquidity positions across bin rangesPosition Migration: Upgrade positions from V1 to V2Position Operators: Delegate position management to operatorsPosition Locking: Time-based liquidity lock mechanismsFee Ownership: Separate fee collection rightsPosition Closure: Automatic and manual position closingMinimum Liquidity Enforcement: Prevents dust positions

Token Standard Support

SPL Token Support: Standard Solana tokensToken2022 Support: New token standard with additional featuresToken Metadata: Pointer and metadata supportTransfer Hooks: Custom transfer logic supportTransfer Fees: Token-level fee supportPermanent Delegate: Enhanced token control features