Live on BNB Chain

BNB Chain's ve(3,3) liquidity marketplace.Real fees. Directed emissions.

Per-pool custom fees, on-chain dynamic fee adjustment, and a weekly TOPAZ emission that veTOPAZ voters point at the markets worth deepening.

Live, verifiable, and connected

Inspect live market data, the published audit, open-source code, and verified BNB Chain contracts.

One marketplace, six jobs

Find the thing you came here to do

Traders create the fees. Liquidity providers make the markets. Lock TOPAZ and you decide which markets get paid for. Projects bid for that decision, and automated strategies run the whole loop for you.

Fee design

The fee is a parameter, not a constant

Most AMMs hand you a fixed ladder of fee tiers and leave it there. Topaz treats the fee as something the protocol tunes per pool, and in concentrated pools, something the chain tunes automatically.

Custom fees, set per pool

Defaults are 0.05% on stable v2 pools and 0.30% on volatile ones, with Slipstream starting at 0.01% to 1.00% by tick spacing. The fee manager overrides any pool's base fee up to a 3% cap, so a stablecoin pair prices like a stablecoin pair and a long-tail pair charges what its risk is worth. Slipstream pools can also run a dynamic surcharge while spot diverges from TWAP, bounded by an immutable 5% cap.

How fees are set →

Dynamic fees, moved on-chain

Concentrated pools can run a fee module that lifts the fee toward its cap as on-chain volatility rises and settles it back as the market calms — repricing risk for liquidity providers without anyone submitting a transaction. 38 pools run a custom or dynamic fee right now.

Watch current, base, and max fees live →

Emissions that follow the vote

TOPAZ emissions are not spread pro-rata across pools. veTOPAZ holders vote every epoch and their weights set each gauge's share, so the emission lands on the markets that earn it and projects can bid for that outcome in the open.

How gauge voting works →

Public by default

Check the numbers before you trust them

Topaz publishes its own analytics on a fifteen-minute snapshot, with the formula behind every figure written down and a JSON API serving the same rows the dashboards read.

TVL

$1.16M

24h Volume

$36.53M

Total Volume

$1.69B

Active Gauges

74

The loop

Five steps, and it closes

Emissions are the protocol paying for liquidity it wants, and votes decide where that money goes. Incentives speed the loop up; trading fees are what makes it worth running.

1Swaps pay trading fees.
2Fees and incentives go to the voters who backed that pool.
3Votes set every gauge's share of the weekly TOPAZ emission.
4Emissions pay the LPs who staked, deepening the book.
5A deeper book absorbs larger trades, which pays more fees.

Security and access

Public proof, not promises

Audited contracts

Shieldify Security

Topaz builds on a codebase battle-tested across billions in TVL. Read the published security review and check every documented deployment yourself on BscScan.

Connected across DeFi

Topaz markets are indexed by the major analytics venues and routed by aggregators moving BNB Chain liquidity.

Developers and partners

Build on open, verifiable infrastructure

Protocol documentation, a public data API, source code, and agent tooling for teams integrating Topaz.