Hey everyone, gm 
I’m Juan, co-founder of DAMM.
First of all, Happy New Year!
Together with WakeUp, we’ve just launched DAMMop : an OP-denominated fund built to give OP holders a more sustainable, on-chain yield option beyond short-term incentive programs.
What is DAMMop?
DAMMop is an OP-denominated vault with weekly settlement that generates returns through active liquidity provision on Velodrome, the most widely adopted decentralized exchange on Optimism.
Strategy overview
The fund actively deploys liquidity across OP trading pairs such as WETH/OP and WBTC/OP, using proprietary, algorithmic, and fully backtested market-making models developed by DAMM.
Liquidity placement and inventory exposure are dynamically adjusted based on market microstructure signals, volatility, swap demand, Velodrome incentive structures, and token-specific dynamics.
By consistently supplying liquidity to OP markets, DAMMop helps improve market depth and execution quality for OP traders across the ecosystem.
Risk & return profile
DAMMop takes directional exposure to OP, meaning returns are influenced by OP price movements versus ETH and other paired assets. As with any active LP strategy, this involves market and execution risk.
Historically, the combination of OP/ETH directional exposure and Velodrome incentive mechanics has been a strong contributor to performance. That said, there can be temporary periods where this dynamic is less favorable, and returns may fluctuate accordingly.
About DAMM
We are a crypto-native digital asset management firm. We started as a small Uniswap v3 engineering lab and grew from there.
We’re bootstrapped, no token, building for the next 15–20 years (not just 6 months)
You can see more about our risk framework approach here and read our docs on our infra and team.
Happy to answer any questions!