ICHI

ICHI is a DeFi protocol that does not take custody of users' assets. It lets liquidity providers deposit a single token into automated vaults, which manage concentrated-liquidity positions across major automated market makers, with the aim of reducing impermanent loss exposure. It is aimed at token projects, DAOs, asset managers, and blockchain ecosystems.

The vaults are used to support token launches, help keep prices steady, and deepen liquidity over time. The website lists use cases including AMM liquidity rebalancing, Layer 1 and Layer 2 scalability, token price stability, activating idle DAO treasury tokens, and capital deployment by asset managers.

• ICHI Vaults: single-token deposits managed into concentrated liquidity
• Cross-AMM, cross-chain support: liquidity management across multiple venues and networks
• Token launch liquidity: vaults for deepening liquidity at launch
• DAO treasury tools: deploying idle tokens for yield
• Documentation and app: hosted at docs.ichi.org and app.ichi.org

ICHI's published case studies describe an AMM reporting about 40 percent lower operational costs and 25 percent higher liquidity provider yields, a token project securing $5 million in liquidity at its token generation event, and a DAO deploying over $10 million of idle tokens (all self-reported, partners unnamed). The site lists audits by Quantstamp, Solidified, Certik, Pashov Audit Group, Bail Security, and FYEO.