Markets
Every Ladder pool currently live and open to deposit into.
All figures in tUSD (≈ tUSD at spot), valued from live reserves. Fees = 0.3% of volume. Pool APR = daily swap fees ÷ TVL × 365 — a simple rate, before deductions, not a forecast.
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Rewards
Ladder Earn is live
Mainnet on Elysium — November 9
Testnet pools are open now. Deposit from Markets to hold a position before mainnet.
Your Positions
Activity
Activity on this device — deposits and withdrawals sent from this app, stored locally in your browser.
Vote
Your votes will set the next epoch's LDR emissions and earn that epoch's fees and incentives.
How veLDR will work
Lock LDR for a chosen period to receive veLDR. The longer the lock, the more voting power each LDR carries. veLDR is non-transferable and decays toward the unlock date.
Voting runs in weekly epochs. During an epoch, veLDR holders allocate their voting power across the pools they want to support.
Future LDR emissions are planned to flow to pools in proportion to the votes they receive, so liquidity follows what voters actually back.
Pools can attach incentives for voters, and veLDR holders are planned to share in the fees of the pools they vote for.
Planned veLDR parameters
The veLDR design Ladder will adopt at mainnet, stated in full so the model is fixed before any contract ships. Nothing below is live on testnet.
Lock LDR for 1–104 weeks, or choose Auto-max to keep the lock at full length automatically. veLDR is non-transferable and its power decays toward the unlock date.
Weight = locked LDR × weeks remaining ÷ 105. A fresh 104-week lock starts at nearly full weight; shorter or older locks carry proportionally less.
Voting runs in weekly epochs, Tuesday 00:00 UTC to the next Tuesday. A lock's vote can split across up to 10 markets, persists week to week until changed, and is time-weighted within the week.
The first vote each week is free. Re-votes cost 2.63% of that week's voter income, rising evenly to 50% at the twentieth re-vote.
Voters earn the swap fees of staked liquidity in the markets they vote for, plus the claim fee, plus any posted incentives — paid in the token earned. Rewards expire 26 weeks after their week's payout.
Unstaked positions pay a 10% claim fee on their swap fees, which goes to voters. The contract caps this fee at 20%.
Votes set each market's emissions budget, capped per market at 5 × (eligible staked fees + incentives), so emissions cannot outrun what a market actually earns.
A rebase adds 8% of LP emissions to voting locks while 30% or less of supply is locked, sliding to 0% once 90% or more of supply is locked.
Analytics
Trading activity and pool data across Ladder markets.
Markets
Compare deposits, trading and returns across markets.