DAMMstable
DAMM Stablecoin Fund. A market-neutral USD fund that aims to preserve capital and earn stable, risk-adjusted yield. It combines DAMM's market-making models with diversified strategies on battle-tested DeFi protocols.
Objective
The fund aims to maximize nominal returns on stablecoins while protecting principal.
- Income. Diversified DeFi yield from lending, liquidity provision and fixed-yield strategies.
- Capital preservation. Only blue-chip protocols with enough liquidity, solvency and operational strength. Onchain permission policies (Zodiac Roles) limit every action DAMM's trading systems can take.
- Diversification. Exposure is spread across protocols, position types and chains, so no single source of return or risk dominates.
- Liquidity. Request-based deposits and redemptions, with T+1 processing when needed.
Strategy
DAMMstable spreads capital across onchain yield sources. It targets stable USD returns with low correlation to the wider crypto market.
- Overcollateralized lending on trusted onchain credit markets.
- Algorithmic liquidity provision in concentrated-liquidity pools on DEXs such as Uniswap, run by in-house models.
- Fixed yield and yield trading, using zero-coupon bonds and fixed-rate protocols.
An internal risk-adjusted framework drives allocation. Algorithmic tooling supports it by watching yield spreads, protocol liquidity and onchain conditions in real time. All yield is generated onchain, and the assets stay onchain at all times, so anyone can audit them.
The fund started as a fully algorithmic mandate, which is now one strategy inside it. That mandate was the subject of an ecosystem-impact report for the Uniswap Foundation: DAMMstable Ecosystem Impact.
Performance, current allocation and risk metrics are on the DAMMstable factsheet.
Terms and fees
| Term | Value |
|---|---|
| Asset | USD₮0 (6 decimals) |
| Structure | Async tokenized vault (ERC-7540) on Lagoon, with Safe smart accounts under Zodiac Roles policies |
| Deposits and redemptions | Request-based, settled at NAV |
| Liquidity | T+1 when needed |
| Management fee | 0.25% per year |
| Performance fee | 17.5%, above a high-water mark |
| Entry and exit fees | None |
| Access | Private: approved addresses only. Email [email protected] first |
The live fee settings are always readable onchain and through the Lagoon API (managementFee and performanceFee, in basis points).
How to deposit
- Email [email protected] before you deposit.
- Follow the DAMMstable deposit guide. It covers the request, settlement and claim steps, and how to redeem.
Your position. Connect your wallet on the fund's Lagoon page to see your shares, their value and any pending requests.
Fund data and integrations
Everything the fund does is public and can be queried without an API key: share price, TVL, fees, APRs and the full transaction history. It is all served by Lagoon's GraphQL API, pinned to the vault address and chain above.
- DAMMstable API guide. Copy-paste queries for this fund (current state, history, transactions) and its data caveats.
- Integrations overview. Endpoint, conventions and response shapes shared by all DAMM funds.
- Lagoon documentation. The vault layer itself: deposit and redemption flows, valuation, fees and roles.