Gamma

Market Making

Gamma offers non-custodial, automated, and active concentrated liquidity management services.

Risk Rating
Average
Protocol Code Quality
Protocol Maturity
Protocol Design
Summary
Information
Info
  • Website
  • Token: GAMMA
  • Tags: Market Making
Key Metrics
  • TVL: $85.3M (Rank #74)
  • TVL Ranking by Market Making: #0
  • Blockchain: Binance, Polygon, Arbitrum, Linea, Ethereum, Metis, Polygon zkEVM, Optimism, Moonbeam, Rollux, Manta, Base, Scroll, xDai, Immutable zkEVM, Avalanche, Mantle, Blast, Celo, Astar zkEVM, Fantom, X Layer, Kava
  • Chain TVL
    • Binance: $24.98M
    • Polygon: $17.05M
    • Arbitrum: $15.85M
    • Linea: $11.9M
    • Ethereum: $5.12M
    • Others: $10.44M
Risk Assessment
Average
Protocol Code Quality
  • Code reviewed by several experienced auditors
  • Anonymous team reduces transparency
  • No documented protocol hacks since launch
Protocol Maturity
  • Latest protocol version launched in 2023; maturity over one year minimizes technical risk as smart contracts are well battle-tested
  • Top 5% by total value locked reduces risk
  • Multisig wallet controls protocol upgrades
  • Multisig consists of less than 4 signers, which makes the protocol more susceptible to centralization risks
  • No timelock exists or no information documented, which mean a malicious actor could approve upgrades without any delay
  • No governance token and/or contracts are fully immutable
Protocol Design
  • No death spiral concerns
  • Basic controls to prevent oracle price manipulation
  • This protocol is susceptible to risks related to yield optimizers which deploy custom strategies to automatically manage user funds
Things to know about Gamma
Gamma Pools
Gamma BTC-ETH Market Making
59.6%
Yield
$4M
TVL
Risk
D
Protocol
Gamma
Chain
Polygon
Gamma MATIC-ETH Market Making
30.9%
Yield
$2M
TVL
Risk
C
Protocol
Gamma
Chain
Polygon
Gamma MATIC-USD Market Making
134.9%
Yield
$1M
TVL
Risk
D
Protocol
Gamma
Chain
Polygon
Gamma ETH-USD Market Making
230.7%
Yield
$1M
TVL
Risk
D
Protocol
Gamma
Chain
Polygon
Gamma BTC-ETH Market Making
4.3%
Yield
$707K
TVL
Risk
C
Protocol
Gamma
Chain
Polygon zkEVM
Gamma BTC-ETH Market Making
24%
Yield
$612K
TVL
Risk
C
Protocol
Gamma
Chain
Optimism
Gamma MATIC-ETH Market Making
11.6%
Yield
$133K
TVL
Risk
C
Protocol
Gamma
Chain
Polygon zkEVM
Gamma ETH-USD Market Making
15.6%
Yield
$85K
TVL
Risk
C
Protocol
Gamma
Chain
Polygon zkEVM
Gamma ETH-USD Market Making
117%
Yield
$42K
TVL
Risk
C
Protocol
Gamma
Chain
Arbitrum
Gamma USD Market Making
6.9%
Yield
$34K
TVL
Risk
C
Protocol
Gamma
Chain
Optimism