Single Asset DEX

The Single Asset DEX vault strategy allows anyone to earn yield from concentrated liquidity pools on partner DEXs (like SaucerSwap), without having to manage ranges, NFTs, or rebalance positions themself.

Under the hood, Single Asset DEX strategy vaults are liquidity management contracts that takes a single asset deposit, creates concentrated-liquidity positions for it, and actively keeps all positions in a "productive price range". Single Asset DEX vaults operate four strategy types — depending on the type of underlying pool assets and their volatility — each of which is described in the section below.

How the Single Asset DEX vault strategy works:

  • Deposit a single token (which gets paired with its underlying pool asset),

  • Receive fungible vault share tokens representing your share of the vault, and

  • Over time, your share is backed by more of both underlying tokens as fees are earned and reinvested (auto-compounding).

The complexity and maintenance of concentrated liquidity management is entirely automated inside of the vault strategy.

Note: Upon deposit of a single asset into a Single Asset DEX strategy vault — the strategy automatically converts some of the single asset deposited into the asset it's paired with in the underlying pool; prior to initiating a deposit, the interface will display how much of the asset will be converted to its pair. You can track how the ratio of the two assets change over time, right from the vault interface. Upon withdraw from the vault you will receive a ratio of both tokens, which is displayed on the vault's interface prior to initiating a withdraw.

Single Asset DEX Strategies

Low Volatility | Ultra-Tight

Stable pairs. Ultra-tight positioning maximizes capital efficiency. Minimal impermanent loss risk.

Volatility 🟢 Low

Liquidity Concentration 0.01% - 0.3% (Ultra-Tight Range) Best For Stablecoin Asset with Stablecoin

Examples USDC/USDC , USDC/DAI

Medium Volatility | Narrow

LST and base asset pairs. Narrow range balances fees with low rebalancing. Conservative approach.

Volatility 🟡 🟡 Medium

Liquidity Concentration 0.3% - 5% (Narrow Range) Best For Liquid Staking Asset with Base Asset Examples BONZO/XBONZO, HBAR/HBARX

High Volatility | Medium

Volatile uncorrelated pairs. Tighter positioning for aggressive fee capture. Requires more active management.

Volatility 🟠 🟠 🟠 High

Liquidity Concentration 10-30% (Medium Range) Best For Volatile Asset with Uncorrelated Volatile Asset Examples HBAR/SAUCE, HBAR/WETH

High Volatility | Wide

Volatile uncorrelated assets paired with a stablecoin. Wide range protects asset inventory during extreme price swings.

Volatility 🟠 🟠 🟠 High

Liquidity Concentration 30%+ (Wide Range)

Best For Volatile Asset with Stablecoin Examples USDC/wETH, USDC/HBAR

Single Asset DEX Strategy Vaults

Once Bonzo Vaults is live, vaults utilizing Single Asset DEX strategy will be displayed with a link to their individual page in the tables below.

Low Volatility | Ultra-Tight Range

Primary Asset
Paired With
Volatility
Concentration Range
Vault URL

-

-

-

-

-

Medium Volatility | Narrow Range

Primary Asset
Paired With
Volatility
Concentration Range
Vault URL

HBAR

hbarx

Medium

Narrow

-

HBARX

hbar

Medium

Narrow

-

SAUCE

xsauce

Medium

Narrow

-

XSAUCE

sauce

Medium

Narrow

-

BONZO

xbonzo

Medium

Narrow

-

XBONZO

bonzo

Medium

Narrow

-

PACK

xpack

Medium

Narrow

-

XPACK

pack

Medium

Narrow

-

High Volatility | Medium Range

Primary Asset
Paired With
Volatility
Concentration Range
Vault URL

HBAR

weth

High

Medium

-

HBAR

wbtc

High

Medium

-

HBAR

sauce

High

Medium

-

HBAR

bonzo

High

Medium

-

HBAR

pack

High

Medium

-

HBAR

jam

High

Medium

-

HBAR

gib

High

Medium

-

WETH

hbar

High

Medium

-

WBTC

hbar

High

Medium

-

SAUCE

hbar

High

Medium

-

BONZO

hbar

High

Medium

-

PACK

hbar

High

Medium

-

DOVU

hbar

High

Medium

-

JAM

hbar

High

Medium

-

GIB

hbar

High

Medium

-

High Volatility | Wide Range

Primary Asset
Paired Asset
Volatility
Concentration Range
Vault URL

USDC

wbtc

High

Wide

-

USDC

hbar

High

Wide

-

USDC

weth

High

Wide

-

USDC

bonzo

High

Wide

-

HBAR

usdc

High

Wide

-

WETH

usdc

High

Wide

-

WBTC

usdc

High

Wide

-

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