> For the complete documentation index, see [llms.txt](https://alphix.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://alphix.gitbook.io/docs/quick-start/liquidity.md).

# Add Liquidity

Learn how to provide liquidity on Alphix, choose a strategy, and manage your positions.

### User Guide

This guide walks through creating a liquidity position on Alphix. To get started, navigate to [alphix.fi/liquidity/add](https://alphix.fi/liquidity/add)

{% stepper %}
{% step %}
**Select Pool**

![](https://2585924356-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FkT5rrR3T549DQrmc5r1F%2Fuploads%2FjME10AHTBrtRgkz4q9U0%2F1.png?alt=media\&token=1a24c9e0-62a9-462c-bc1e-d5e881503675)

Choose which pool to provide liquidity for. Each pool displays its current APR, combining swap fees and lending yield.
{% endstep %}

{% step %}
**Choose Strategy**

![](https://2585924356-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FkT5rrR3T549DQrmc5r1F%2Fuploads%2FCGiiqFHZxPtgUeMGfavu%2F2.png?alt=media\&token=381af477-1a21-4085-b548-c373ba7caa7c)

We propose users select **Unified Yield** to LP into Unified Pools. Your liquidity earns swap fees while idle capital is deployed to lending markets. Stable pools use concentrated positions. Standard pools use full range.

{% hint style="info" %}
**Custom Range** is for advanced users who want manual price ranges.
{% endhint %}
{% endstep %}

{% step %}
**Enter Deposit Amounts**

![](https://2585924356-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FkT5rrR3T549DQrmc5r1F%2Fuploads%2FIB7DwKWbBZo1ZEAd7B8d%2F3.png?alt=media\&token=f041cfd4-ef23-48f5-8e8a-20eaaec03b9b)

Input how much of each token to deposit. The interface shows your wallet balance and auto-fills the corresponding token amount.

{% hint style="success" %}
You can also deposit a single token. Alphix will automatically swap to the optimal ratio via Zap.
{% endhint %}
{% endstep %}

{% step %}
**Review and Create**

![](https://2585924356-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FkT5rrR3T549DQrmc5r1F%2Fuploads%2FZQUUOsWk4YxMiFd9H4gq%2F4.png?alt=media\&token=2f5f30c3-25ad-488f-bc3b-a8a9812a325e)

Review your position details, approve the tokens, and create your position. Once confirmed, you'll start earning immediately.
{% endstep %}
{% endstepper %}

### Managing Positions

Once created, manage positions from the Pool page or your Portfolio. Claim fees anytime, add more capital, or withdraw. Accrued fees are always claimed automatically.

### Liquidity Provisioning Risks

{% hint style="warning" %}
Providing liquidity carries risks that users should understand before committing capital.
{% endhint %}

<details>

<summary><mark style="color:$info;">Impermanent Loss (IL)</mark></summary>

When providing liquidity, your assets are exposed to price changes between the two tokens. If prices diverge significantly, your position value may be lower than simply holding the tokens.

* IL is minimized when tokens are correlated (stablecoins)
* Narrow ranges increase fee income but also IL exposure
* If price moves outside your range, the position stops earning and holds only the devaluing token

Read more about [Impermanent Loss](https://blog.ston.fi/impermanent-loss-explained-a-guide-for-defi-liquidity-providers/).

</details>

<details>

<summary><mark style="color:$info;">Smart Contract Risk</mark></summary>

Smart contracts carry inherent risk. We strongly encourage LPs to do their own research. Alphix is built on top of well-established protocols like Uniswap V4 and follows official standards. Core contracts have been audited by reputable third-party firms.

</details>