Creating an EulerSwap Position
Overview
EulerSwap's liquidity provision interface guides you through a simple 5-step process to create your liquidity positions.
Getting Started
- Connect your wallet to the EulerSwap interface
- Ensure you have assets in supported Euler vaults
- Follow the 5-step flow to create your position
- Monitor and adjust your position as needed
Step-by-Step Guide
Step 1: Choose Your LP Strategy
Select from three position types optimized for different goals.
Leveraged and Just-in-Time (JIT) Liquidity are most suitable for correlated pairs.
- Ordinary LP: Traditional liquidity provision with lending yield benefits
- JIT Liquidity LP: Maximize capital efficiency with Just-in-Time liquidity provision
- Leveraged LP: Amplify your position through collateral looping
Step 2: Select Vaults
Choose the vaults that will form your liquidity position.
- The interface shows compatible vaults based on your selections
- Funds must be allocated to these vaults before proceeding
Step 3: Choose Liquidity Amounts
Configure your position by setting:
- Deposit amounts for each asset
- Single-sided or balanced liquidity options
- Maximum borrowing limits for enhanced depth
Real-time USD values help you understand your total position size.
Step 4: Choose Concentration Factor
The concentration factor determines the distribution across the entire liquidity range. While EulerSwap always provides full-range liquidity, a low concentration factor means liquidity is spread more evenly. A concentration factor of 0 is equivalent to a Uniswap-v2 liquidity position. As the concentration factor increases, liquidity is distributed more tightly around the equilibrium price, supported higher volume in concentrated pairs. At a concentration factor of 1, there is no price impact, meaning most pools will want to use a concentration factor below 1.
Note carefully the prices served by the majority of your liquidity distribution, as you hover over the ends of the liquidity graph.
Step 5: Review and Deploy
Before confirming, review your complete position details:
- Total liquidity value
- Expected rewards APR
- Concentration parameters
- Health metrics
One click deploys your position and begins earning fees immediately.