---
# System prepended metadata

title: H20

---

# H20 - Onchain liquidity

> “My market maker rugged me”
> “Innovating portfolio strategies takes forever”
> “My bot has my private keys”
> “Market makers have a conflict of interest”
> “Liquidity is costing me a fortune”
> “My community is losing faith in my tokenomics”
> “My treasury is bleeding, I need more capital”
> “I’ve spent a fortune chasing a CEX listing and nothing happens”
> “I pay market makers and get no volume in return”
> “All the liquidity tools out there put my tokens and power in someone else’s hands”


### H20 provides fully onchain and non-custodial market making, portfolio/treasury management and OTC sales.

**Non-custodial**: Assets never leave your control
**Experiment and iterate**: Write, deploy, test and optimise dynamic, onchain strategies
**Sophisticated intents model**: Deploy strategies and manage funds in one place, access liquidity everywhere
**Perpetual strategies**: Once deployed, strategies can execute 24/7
**Gas free**: Pay gas only to deploy strategies; executions are gas-free
**No IL**: Provide single-sided onchain liquidity, with no risk of IL
**Zero latency**: strategies evaluate onchain at the time of execution

### Bespoke strategies that do exactly what you need
- H20 strategies are dynamic algorithms that can execute perpetually until withdrawn.
- Each strategy is like a mini DEX with it's own custom curve.
- Write fully onchain algorithms without Solidity. Analysts, traders, mathematicians etc can read and write.

### Test, iterate and refine strategies
- Run multiple strategies simultaneously, A/B test their performance in real-time
- Tweak and redeploy, or scale strategies in minutes
- Create liquidity experiments with just a fraction of the capital.

### Data and reporting
- Research and hypothesis building
- Backtest strategies
- Reporting of portfolios, vaults and strategies

### For token issuers
Token issuers can:
- Deploy one sided liquidity
- Trade tokens on secondary market
- Issue tokens on primary market
- A/B test token strategies
- Arbitrage price discrepancies
- Operate treasury management strategies
- Operate portfolio strategies

Impact:
- Use less capital on liquidity
- Focus capital on best strategies
- Evolve strategies as market changes
- Build better charts for traders
- Build a healthier token
- Build a healthier treasury
- Build a transparent relationship with community
- Easily connect token and business operations

### For portfolio managers
Porfolio managers can:
- Trade tokens on secondary market
- A/B test investment strategies
- Arbitrage price discrepancies
- Operate treasury management strategies
- Operate portfolio strategies

Impact:
- Focus capital on best strategies
- Evolve strategies as market changes
- Build a healthier treasury
- Build institutional and retail products

### Built on the Rain Orderbook protocol
Underlying tech is:
- Non-custodial
- Onchain
- No admin keys
- Open source
- Programmable
- Composable
- Extensible


