Auto-Rebalance on Solana
Last updated
Last updated
Krystal's Auto-Rebalance feature simplifies the management of your LP positions by automatically monitoring market fluctuations and keeping assets optimally balanced. It reduces the manual effort needed to manage your positions, enhancing profitability and reducing impermanent loss, particularly during volatile market conditions.
Follow the steps below to use Auto-Rebalance on Solana effectively:
Begin by browsing suitable liquidity pools within the Solana ecosystem directly from Krystal's dashboard. Krystalโs dashboard makes it easy to discover pools offering the best APRs from trusted protocols like Raydium.
Navigate to the "Actions" section and click on the Add Liquidity button.
Krystal supports two methods for adding liquidity:
Zap In: Simplifies liquidity provision by enabling you to deposit only one type of token. The system automatically handles token conversion and balancing to meet the pool's specific requirements.
Manual: Requires possession of both tokens in the selected pool before adding liquidity.
After successfully adding liquidity, enable Auto-Rebalance easily with a few additional clicks.
Once your liquidity positions are available, head over to the "Automation" page and click "New Setup". Select the position you want to automate.
In the Trigger Setup section, fine-tune how and when your Auto-Rebalance gets activated:
Trigger Prices: Set the Lower and Upper Trigger Prices either in absolute values or as a percentage change from the current price. When the market price goes beyond this range, your position will be automatically rebalanced.
Time Buffer: Use this to ensure rebalancing only activates if the price stays outside your set range for a specific duration.
In the New Range section, specify the price range for your new position after rebalancing. This ensures your liquidity stays optimized for the next market shift.
The Settings section gives you full control over how your Auto Rebalance behaves:
Gas Fee Ceiling: Set the maximum gas fee youโre willing to pay. If the transaction cost exceeds this ceiling, Auto Rebalance won't proceed.
Pool and Swap Slippage: Avoid unfavorable price movements by setting acceptable slippage limits. The system will revert transactions if the market moves beyond your set tolerance.
Once you've configured everything, click "Approve" and then "Confirm" to activate your Auto Rebalance strategy.
Thatโs it! Once your Auto Rebalance is set up, Krystal takes care of everything behind the scenes.