Limitless
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Withdrawal Limits

PreviousRehypothecation of LiquidityNextCovered Call Strategy

Last updated 1 year ago

As an LP, you can only withdraw your entire position if all the ticks in your range do not exceed 100% utilization.

For example, assume you have provided 100 units of liquidity in the 1900-2100 range, 1900-1950, 1950-2000, 2000-2050, and 2050-2100. Say one of those bins 2000-2050 has an active loan where if you withdraw your 100 units of liquidity from 1900-2100, the leftover liquidity in that bin would be a net negative(which is not feasible).

If you want to withdraw 100% of your position from the 1900-2100 range, you will then have to wait until somebody provides sufficient liquidity(that covers your position) to the 2000-2050 bin or until the borrower repays his loan, since you cannot withdraw from an individual bin,

A bin is simply a tick range. For example, the 1900-1950 range above is one bin consisting of many sub-ticks (1900-1900.19, 1900.19-1900.38.... 1948.8-1950). When you provide liquidity to Limitless, you are providing liquidity to .

On the UI, you can see the maximum withdrawal liquidity as a percentage of your total liquidity position.

If you want to fully withdraw your position, here are the actionable steps:

  1. Wait until the shown maximum withdrawable liquidity increases again, and repeat step 1, until you have withdrawn the full amount.

First, withdraw the maximum withdrawable amount. This will for the borrowed bin, incentivizing the borrower to repay or another LPs to provide to your range.

spike up the utilization rate
consisting of four bins
multiple adjoining bins