# Invariant > Turbocharge your liquidity Invariant is a decentralized trading protocol. It uses concentrated liquidity so traders can swap tokens and liquidity providers can earn fees within custom price ranges, with only a wallet connection required. Invariant is a decentralized trading protocol built around a concentrated liquidity automated market maker. It lets traders swap tokens and lets liquidity providers allocate capital to specific price ranges rather than across an entire price curve, aiming for greater capital efficiency than traditional pooled liquidity. Using the protocol requires only a connected wallet, with no account creation or identity verification. The protocol is permissionless and non-custodial, supporting any token available on a given network's default token list as well as user-added custom tokens. Positions concentrated near the current trading price can reach substantially higher capital efficiency than liquidity spread evenly across the full price range, since committed capital only earns fees while the price stays within the chosen band. Its codebase is fully open source and has undergone independent security review. Invariant operates across multiple blockchains built on the same virtual machine architecture, extending a shared liquidity model across that broader ecosystem. Core offerings include token swaps, liquidity provisioning tools, portfolio and pool statistics dashboards, incentive mechanisms rewarding efficient positions, and bond style pricing tools for projects seeking additional funding. It is used by retail traders, liquidity providers, and other projects building within the same multi-chain ecosystem who need efficient onchain markets. - Type: Protocol - Sector: DeFi - Status: Active - Founded: 2022-03-01 - Profile: https://thegrid.id/profiles/invariant ## Products - [Invariant DEX](https://thegrid.id/profiles/invariant): Invariant DEX is a decentralized exchange built on a concentrated liquidity automated market maker model. It lets users swap tokens and provide liquidity within custom price ranges, increasing capital efficiency compared to traditional pooled liquidity, and includes a bonding-curve token sale mechanism and a liquidity-incentive rewards program within the same interface. The exchange is permissionless, requiring only a connected wallet, and is deployed across multiple blockchains with independent smart contract instances on each network. A points program rewards liquidity provision, swaps, and community activity with redeemable allocations. (Decentralised Exchange, Live, Main Product) - [Invariant SDK](https://thegrid.id/profiles/invariant): Invariant SDK is a developer toolkit that wraps the Invariant protocol smart contracts for building applications on top of the exchange. It handles transaction signing and constant address storage, letting developers integrate pool creation, position management, and swaps into their own applications. The SDK is published as a separate package for each network the protocol is deployed on and is distributed through public repositories outside the web app. (Developer Tooling, Live) - [sBITZ](https://thegrid.id/profiles/invariant): sBITZ is a liquid staking token representing staked BITZ deposited through Invariant on Eclipse. It lets holders earn staking rewards while retaining a transferable token usable elsewhere, removing the illiquidity of native staking. The token automatically compounds staking rewards at frequent intervals, increasing in value relative to the underlying staked asset over time. (Liquid Staking, Live) ## Assets - [sBITZ (SBITZ)](https://thegrid.id/profiles/invariant): sBITZ is a liquid staking token issued by Invariant on Eclipse, representing staked BITZ. Rewards auto-compound every ten seconds, steadily raising its value against BITZ. Unlike locking BITZ through the PowPow staking app, sBITZ keeps holdings liquid and usable across Eclipse DeFi. (Liquid Staking Tokens (LSTs)) - [Invariant (INVT)](https://thegrid.id/profiles/invariant): INVT is the utility token of the Invariant protocol, distributed to eligible users through presale and airdrop allocations on Eclipse. Recipients claim their tokens through a dedicated claims portal ahead of a fixed deadline rather than receiving them automatically. The token has not yet been made available for open trading on exchanges. (Utility) ## Links - [Main](https://invariant.app) - [Documentation](https://docs.invariant.app/docs) - [Whitepaper](https://invariant.app/whitepaper.pdf) - [Privacy policy](https://dev.invariant.app/privacy-policy.pdf) - [Terms of Service](https://dev.invariant.app/terms-of-use.pdf) - [Twitter / X](https://x.com/invariant_labs) - [GitHub](https://github.com/invariant-labs) - [Telegram](https://t.me/Invariant_app) - [Medium](https://medium.com/@invariant_labs) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. 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