Introducing Universal Curve: The Future of Dynamic Liquidity

AMMs have been constrained by rigid curve designs for too long.

Uniswap V2’s constant product spreads liquidity inefficiently from 0 to infinity. Curve’s StableSwap optimizes for specific assets but lacks flexibility. Even concentrated liquidity forces LPs into predefined ranges.

What if every LP could design their own curve strategy — and multiple strategies could coexist in the same pool?

Weeks ago, Meteora’s Dynamic Bonding Curve quietly shipped our latest innovation: Universal Curve.

Universal Curve is a 16-point customizable curve system that lets LPs program their liquidity with unprecedented precision.

The Problem with Current AMMs

Traditional AMMs suffer from fundamental limitations:

Capital Inefficiency: Uniswap V2 spreads liquidity equally across all prices, leaving most capital unused. In a typical ETH/USDC pool, only a fraction trades at current market prices.

One-Size-Fits-All: Current AMMs force all LPs in a pool to follow the same curve. Want StableSwap efficiency? Everyone must use StableSwap. Want constant product flexibility? Everyone gets constant product inefficiency.

Our own DLMM: Excels in profitable concentrated liquidity but struggles with extending liquidity from 0 to infinity.

Universal Curve: Programmable Liquidity at Scale

Universal Curve solves these problems with a breakthrough: 16-point customizable curves, relying on constant product between points.

16-Point

LPs define up to 16 points along their desired curve. Between points, the system uses constant product formula, creating smooth transitions while maintaining mathematical precision.

Infinite Range Capability

Unlike range-based solutions, Universal Curve allows LPs to provide liquidity from 0 to infinity while concentrating capital exactly where they want.

Recreating Any Curve Design

Universal Curve can replicate any existing AMM:

Uniswap V2: Use 2 points at 0 and infinity — identical to constant product.

Curve StableSwap: Configure points clustered around $0.99 and $1.01 to replicate StableSwap efficiency.

Custom Strategies: Combine approaches — StableSwap efficiency near current price with constant product flexibility at extremes.

The breakthrough: all these different strategies coexist within the same pool, with each LP contributing their unique liquidity distribution to shared trading efficiency.

Available on Dynamic Bonding Curve

Universal Curve is currently live on Meteora’s Dynamic Bonding Curve program for new token launches. This innovation will become a cornerstone of our broader infrastructure as we continue expanding programmable liquidity across all Meteora products.

For now, new projects launching on DBC can experience the future of AMM design firsthand.

The Future is Universal

The era of one-size-fits-all AMMs is ending. Universal Curve represents the next evolution of decentralized liquidity — where every LP can optimize their strategy while contributing to shared efficiency.

As we prepare broader rollouts, Universal Curve on DBC serves as a glimpse into the future of programmable liquidity.