Yield Basis has launched a permissionless propAMM on Curve, using Pyth Pro oracle prices and dynamic fees to reduce arbitrage losses for liquidity providers. Simulations over 18 months showed a WETH position growing 8.5% annually versus 3.6% under current settings, with roughly three times the volume. The design charges arbitrageurs 0.50% plus 67.5% of profits above that, capped initially at 1.75%. Bitcoin pools follow the WETH deployment, subject to governance votes. The author notes simulations lacked ordinary trades and liquidations, so live results may differ.

AI summary of the linked source — not editorial content.

Story signal · how it spread on X · via Elfa

as of
Spread
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2 accounts

1 report
first post
Leviathan +2.5 h later

YB reaction
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Price change from the first post to 24 hours later (CoinGecko). BTC over the same window is shown so a market-wide move is not mistaken for a reaction to this story. Not advice.
−1.1% 1d after event

measured by Elfa · still measuring

CRV reaction
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Price change from the first post to 24 hours later (Hyperliquid). BTC over the same window is shown so a market-wide move is not mistaken for a reaction to this story. Not advice.
−0.6% 24h after post

$0.3353 → $0.3332
BTC +0.2% same window

Thread · 2 events · started 22 Oct 07:35 · last update 28 Oct 15:22
  1. Thread startYield Basis proposes new WETH pool settings that could lift annualized yield to 8.5%2 acc.
  2. UpdateYield Basis introduces permissionless propAMM design for its WETH pool2 acc.
  3. Leviathan published this article

All times UTC.

Cited posts

  • @yieldbasisFirst reportOn X ↗

    https://t.co/rf0RZHq59k

  • @vasily_sumanov Vasily SumanovOn X ↗

    Yield Basis is focusing on propAMM supplementing existing Curve x YB tech. I studied proposals and it truly should improve YB pools performance so much: more than 2x APRs - incredible 8.5% for ETH . propAMMs already shown solid traction on Solana and @metricxyz pools https://t.co/aGiSePYzQA

TradersTrader calls tracked by Elfa · not advice

Positioning · YB

Open4 open positions · 4 long · 0 short

Tracked accounts lean long about 97% of the time, so a long-heavy book is normal, not a signal. As of 25 Oct 15:38 UTC.

Whole crypto market, not this story

Crowding5th percentile · vs last 28 days, 50 typical
Pulse 24h55/100 · unusualness of new calls, 0–100, 50 typical, higher means more long than usual
Book97.1% long · 10,705 accounts

As of 28 Oct 17:35 UTC.

Social-monitoring data, not investment advice Elfa prices Hyperliquid post text from Xas of

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