How your liquidity position works

Know which token may remain

For a price quoted as B per A, the position holds A below its range and B above it.

• Inside the range, it holds a mix of A and B.
• A narrow range can stop being active sooner.

Separate fees from token rewards

Swap fees come from trades. Token rewards come from a pool’s emissions.

• The documented fee-only default gives LPs 95% of swap fees.
• The gauged default sends swap fees to voters and token rewards to eligible LPs.
• Token rewards become available to claim according to the pool’s schedule.

How your result is calculated

Your current tokens, collected income, and costs make up your liquidity result.

• A holding comparison values your original tokens at the same current prices.
• Your active share depends on liquidity at the prices where swaps take place.

Know how fees leave the pool

Concentrated liquidity and DLMM handle fee collection differently.

• Collecting concentrated-liquidity fees does not move your price range.
• DLMM fees stay in pool bins; you receive them by removing liquidity.

Try three price outcomes

Explore the starting price, a price below your range, and a price above it.

• Below range leaves A; above range leaves B, when the price is B per A.
• Compare each outcome with holding your actual starting tokens, including costs.
• If price returns through an open range, the token conversion can reverse.

How fees and costs affect value

Add separate fee and reward income to token value, then subtract costs. Income already included in token value stays there.

• LP result: current token value plus separate income, minus related costs.
• Holding comparison: value the original token amounts at the same current prices.
• Subtract the holding value from the LP result to compare them.

Example: calculate a position’s value

An example starts at $1,000. Later, $970 of tokens plus $12 of fees minus $5 of costs equals $977.

• The result is $23 below the starting value.
• Holding the starting tokens would be worth $985, so the LP result is $8 lower.

Robinhood revenue buys RAM

Since October 14, 2026, all Robinhood protocol revenue routes to BuybackModule for market purchases of RAM. Sarcophagus is closed there.

• The fee-only default remains 95% LPs / 5% protocol; buybacks use the protocol portion.
• Authorized execution sends RAM to the dead address without reducing Robinhood totalSupply.
• Direct RAM input can skip the purchase. Buybacks guarantee neither price gains nor net deflation.

Check before you confirm

Read the details in the real app and wallet before signing.

• Check the network, token addresses, pool type, price direction, and range.
• Check who can spend your tokens, spending limits, transaction limits, and gas costs.
• Check the exit steps and any reward timer.

Keep a simple position record

Write down your starting details so you can compare them later. A complete record does not prove safety.

• Save the date, network, pool address, token addresses, and starting token amounts.
• Record your range, swap fee, LP fee share, rewards, and reward timer.
• Record who owns the position, when to review it, and how to exit.

Explain your next action

Before changing a position, say why you are acting and what you expect to receive.

• Name the action: collect, add, remove some liquidity, or close.
• Check reward warnings and the tokens you expect in your wallet.
• Afterward, compare the confirmed result with your plan.