feels

Introduction

Feels Protocol is a concentrated liquidity AMM that converts speculative trading into long-term value through programmatic market making and floor price mechanisms.

Architecture

The protocol implements concentrated liquidity with tick-based positioning to place capital precisely where needed. Each token has exactly one market paired with FeelsSOL, creating unified liquidity and eliminating routing complexity. Protocol-owned accounts deploy autonomous market making strategies including floor liquidity that creates hard price floors and JIT liquidity that captures value from directional trades.

Key features include:

  • Concentrated liquidity AMM with tick-based price ranges
  • Hub-and-spoke topology with FeelsSOL as universal routing token
  • Protocol-owned market making with floor and JIT strategies
  • Geometric time-weighted average pricing for manipulation resistance
  • Dynamic fee structure based on price impact and market conditions

Trading fees accumulate in protocol-owned accounts that provide just-in-time liquidity and maintain hard price floors. The system uses bounded routing with maximum 2 hops, segmented trade execution, and zero-copy account management for efficient state updates.