Earn every time your money is used.
Think of it like a money changer. Deposit any stablecoin (e.g. TGBP). That single deposit quotes against 20+ currencies of your choice, e.g. xSGD, JPYC, USDT, USDC, etc. Your capital never sits idle. You earn the spread on every transaction that flows through your rates, across every pair.
One deposit. Every corridor.
A traditional money changer holds one currency and quotes against many. Sera works the same way, at protocol scale. Your deposit earns spreads on every swap that routes through it, but your exposure stays inside the pairs you explicitly market-make against. Multi-hop swaps execute atomically; you keep only the currencies you set rates for.
A trader's MXNB → JPYC swap routes through your USDC pool. Both legs settle atomically. You keep USDC and earn +0.073.
You only hold currencies you set rates for.
How You Earn
- You provide bi-directional buy/sell rates for currency pairs
- You earn the spread between your rates on every swap
- Deploy once, earn across every supported pair simultaneously
- No lock-ups, no slippage, withdraw anytime
- Yield compounds across all corridors your liquidity touches
Real Example
Matched or unmatched. Your call.
Two ways to deploy. Lock the spread on a single pair as guaranteed profit per swap, or spread your capital across corridors for blended yield. Switch any time.
Matched pair
Deposit both sides of a pair. Quote a bid and an ask. Capture the spread on every swap, in either direction.
Unmatched deployment
Park capital on one side, quote against many destinations. Sera routes flow through any corridor you quoted, but you only hold the currencies you set rates for.
Same capital. 100× the surface.
Pooled AMMs lock your deposit in a single pair. Sera indexes every LP balance into a unified ledger and synthesizes quotes against every supported corridor on demand. Same 100K USDC. Different productivity.
Capital locked in one pool
Deposit USDC/BRLA. Other corridors are inaccessible.
One deposit, every corridor
Same capital, synthesized across every supported pair.
Understand the risks. Manage your exposure.
Three risk surfaces, each with explicit mitigation. Spread is locked when you set it, smart contracts have an escape hatch, and price feeds have a circuit breaker.
Impermanent loss
You set your own quotes, so price moves in the underlying don't drag your position. Matched pairs lock the spread; unmatched deployments park capital at your stated rate. No price-driven loss in either case.
Smart contract
Audited by CertiK with differential audits on every upgrade. An emergencyWithdraw() escape hatch lets you recover funds on-chain even if servers fail.
Oracle
Monitoring tracks deviations, LP skew, and gas anomalies. Circuit breakers halt trading if price feeds deviate >2%, and on-call paging fires within 30 seconds.
Non-custodial. Your keys, your funds.
Sera never holds your funds. Your stablecoins stay in your wallet. Smart contracts manage the liquidity pool and track your share. Withdraw any time, no permission needed.
Keys never leave your control. Your stablecoins stay here, always.
Tracks your liquidity share and routes swaps. Audited, immutable, transparent.
Synthesizes rates against every supported corridor on demand.
Earn questions answered.
How do liquidity providers earn yield on Sera?
LPs earn real yield by capturing the FX spread on every swap that routes through their deposit. A single deposit earns spreads across 30,000+ corridors, while exposure stays inside the pairs the LP chose to quote.
What's the difference between matched-pair and unmatched deployment?
Matched pair locks the spread on a single corridor as guaranteed profit per swap with zero impermanent loss — the predictable path for risk-averse LPs. Unmatched deployment spreads capital across many corridors for blended yield, capturing multiple spread opportunities at once.
Is there impermanent loss on Sera?
No. LPs set their own quotes, so price moves in the underlying assets don't drag the position. Matched pairs lock the spread; unmatched deployments park capital at the LP's stated rate. There is no price-driven loss in either case.
Is Sera custodial — does the protocol hold my funds?
No. Sera is non-custodial. Stablecoins stay in the LP's wallet at all times; the protocol routes flow through deposits without ever taking custody of them.
How is LP capital protected?
Smart contracts are audited by CertiK and ship with an emergencyWithdraw() escape hatch. The on-chain reference band is aggregated daily from 50+ central banks, 10+ payment service providers, and 10+ FX houses — quotes drifting more than 2% from that band trip the circuit breaker, so off-market takers can't drain the book on a mispriced quote. On-call monitoring fires within 30 seconds of any anomaly.
What is a corridor, and how does it relate to LP capital?
A corridor is a currency-pair route — for example USDC → BRLA. LPs quote bid/ask on one or more corridors and earn the spread on every swap that uses those quotes. Capital can be parked on one side and quoted against many destinations.