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The Liquidity Engine is the core technical infrastructure of Juiced. It manages the transition from passive capital to active, competitive market-making. By leveraging the low-latency environment of RiseX, the engine ensures that liquidity is not just present, but “high-quality” -characterized by tight spreads and deep order books.

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Dual-Vault architecture

Juiced utilizes two distinct Vault models to accommodate different asset lifecycles. This ensures that the protocol can support both high-volume “Blue Chips” and “New Market” launches. Model A: The Standard Vault (Dual-Asset)
  • Target Assets: Deeply liquid assets available via bridges (e.g., ETH,ETH, SOL, BTC,BTC, MONAD).
  • Deposit Requirement: LPs provide a 50/50 value ratio of the Quote Asset (USDC) and the Base Asset.
  • Execution: The Vault immediately deploys both Bids and Asks on the orderbook.
Model B: The Bootstrapping Vault (Inventory Loan)
  • Target Assets: New token launches or ecosystem projects with limited circulating supply on RiseX.
  • Asymmetric Injection:
    1. Supply Side (The Project): The issuing team “lends” base asset inventory to the Vault to populate the Ask Side (Sells).
    2. Demand Side (The Retail): Users deposit USDC only to populate the Bid Side (Buys).
  • Mechanism: The Vault manages these as a single strategy. As trading occurs, the inventory naturally rebalances. This allows retail to farm yields with stablecoins while the project ensures their token has an immediate, liquid market.

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Market making logic

Juiced Vaults function as On-Chain Market Makers. Unlike AMMs that rely on a static formula (x * y = k), Juiced Vaults use active logic to manage orders:
  1. Grid Strategy: The Vault places multiple limit orders at varying price ticks around the mid-price.
  2. Inventory Skew: If the Vault holds more USDC than Tokens, it automatically adjusts its quoting to be more aggressive on the Buy side to rebalance its holdings.
  3. HFT Precision: Leveraging RISE’s sub-50ms block times, the Vaults update their quotes frequently, tracking external CEX prices to remain competitive.

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Liquidity scoring algorithm

To ensure emissions are not wasted on “lazy” capital, Juiced implements a proprietary scoring algorithm. Rewards are distributed based on the Execution Quality provided. The Formula Every order is snapshotted and scored based on three variables: 
S = Size x W(d) x U
Where:
  • Size (S): The USD value of the order.
  • Spread Weight (W(d)): Rewards decrease exponentially as the order’s distance from the mid-price increases.
    • Tight Spread (e.g., <0.1%): 1.0x multiplier
    • Medium Spread (e.g., 1.0%): 0.1x multiplier
    • Out of Range (e.g., >2.0%): 0.0x multiplier
  • Uptime (U): A multiplier that increases rewards for LPs who keep their orders active during periods of high volatility.

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Settlement & distribution

Juiced uses a hybrid Off-chain/On-chain settlement system to ensure scalability and cost-efficiency.
  1. Indexing: The Scoring Indexer tracks every order on the RiseX orderbook in real-time.
  2. Calculation: At the end of each Epoch (1 week), the Indexer calculates the final distribution based on cumulative scores.
  3. Publication: A Merkle Root (a cryptographic proof of the entire payroll) is published on-chain.
  4. Claiming: Users interact with the Merkle Distributor contract to claim their aggregated rewards from multiple Vaults in a single transaction.

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Risk management

The engine includes built-in safeguards to protect Liquidity Providers from “Toxic Flow” and “Loss Versus Rebalancing” (LVR).
  • Volatility Guards: In times of extreme price action, Vaults automatically widen their spreads or temporarily halt quoting to prevent being “sniped” by arbitrageurs.
  • Asset Isolation: Every market is a siloed smart contract. A “rug pull” or price collapse in a specific token cannot drain the USDC or assets held in other Vaults.