
Beefy launches automated concentrated liquidity manager on Ethereum mainnet
- —Launch went live on July 20, marking CLM's first deployment on Ethereum mainnet
- —Four initial vaults cover WBTC/USDC, WBTC/WETH, WETH/USDT and USDC/WETH
- —Positions rebalance every six hours with daily fee compounding
- —Performance fee is 9.5%, slightly below the roughly 10% industry average
Why it matters: Automating concentrated liquidity lowers the barrier for LPs and could draw more capital into Uniswap V3 pools on Ethereum.
Source: Crypto Briefing