Gamma Strategies · interactive mechanism simulation

Depositors fund a Hypervisor vault that holds a base + limit Uniswap v3-style position, harvests swap fees, compounds them, and shares a cut with xGAMMA stakers. A price-change guard is supposed to block deposits when the pool price has moved too far — loosen it and a flash-loan attacker can mint mispriced shares, exactly as happened in January 2024.
Depositors LP tokens, any ratio AMM pool Uniswap v3-style, price 1.00 swap fees accrue Hypervisor vault base position + limit position guard: block moves > 60% TVL: 0.0 ETH xGAMMA stakers 0.0 ETH rewards stake GAMMA, earn fee share Attacker flash-loan swap idle
Vault TVL
0.0 ETH
Fees compounded
0.0 ETH
xGAMMA rewards paid
0.0 ETH
Rebalances executed
0
Exploit loss
0.0 ETH
Parameters — edit me
1.0/s
10%/yr
20%
60%
Controls

Illustrative simulation. Models the researched Gamma Strategies mechanism (Hypervisor base+limit vaults, fee compounding, xGAMMA fee share, and the January 2024 deposit-guard exploit where a price-change threshold set 50–200% too loose let a flash loan mint mispriced shares) — deposit sizes, fee flow and timing are randomized for visualization, not live onchain data. Drag the sliders, then try the exploit button at a loose vs. strict guard setting. Part of The Onchain Experiment Atlas.