Unified Liquidity

Unified liquidity lets one pool support many assets and many trading paths.

In Multiswap, capital can serve a network of markets from a shared pool. Each asset has reserves, scale, target scale, quote parameters, and accounting state. Trades move value through the pool while scale updates preserve the accounting model.

Why unified liquidity matters

Capital becomes more productive when it supports multiple routes.

A single asset reserve can participate in many possible trades. A single pool can support pairwise swaps, multi-pay swaps, multi-receive swaps, and basket execution.

Market structure effect

Unified liquidity shifts the planning question from isolated pairs to pool-level capacity.

A token issuer can ask:

What reserve scale supports the trade sizes we care about?

An ecosystem can ask:

Which assets need more scale to improve quote quality across the pool?

An aggregator can ask:

Which route wins the quote for this user right now?

Useful depth emerges from structure

Multiswap’s depth comes from the interaction of scale, reserves, target scales, dynamic weights, and receive allocations. Pool structure matters as much as pool size.