The WAGMI protocol is a decentralized exchange designed for limited TVL, featuring sophisticated liquidity-adding tactics and GMI mechanics.

Each strategy can be thought of as a liquidity management approach overseen by WAGMI. Instead of wondering which pool is generating the best yields right now, users can keep their assets protected. WAGMI works by choosing appropriate price ranges across pools and distributing exposure with deliberate diversification.

In addition, WAGMI keeps tracking ongoing strategies and reviewing prevailing market conditions. This supports an auto-rebalance system that updates strategy parameters to target stronger rewards even as the market changes. User holdings remain within a defined price band.

GMI is a pool that contains multiple multi-pools, where every multi-pool is made up of several V3 pools. Users may obtain GMI using any WLP token that is supported by GMI, and by holding GMI they receive fees originating from all multi-pools contained within the GMI.

GMI also acts as a diversification layer. Fees generated from the multi-pools inside GMI are allocated to GMI holders based on each holder’s portion of GMI.

The initial release of the Wagmi protocol launched on the Zksync Era mainnet. Shortly afterward, it was rolled out to Fantom Opera.

More recently, it was deployed on Kava with upgraded capabilities, including advanced liquidity provision strategies and GMI mechanics. Looking ahead, deployments will expand to other blockchain networks through the omni layer to improve decentralization and accessibility.