> ## Documentation Index
> Fetch the complete documentation index at: https://docs.binibit.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Pools

> Three pool types: wBINI/USBI, USBI/Agent Token, wBINI/Agent Token.

<Card title="Tokenomics view" icon="shield" href="/tokenomics/wbini-cap">
  See Tokenomics → wBINI Cap Rule for why pool topology matters and how the \$240M ceiling shapes liquidity flow.
</Card>

## Three pool types

BaiDEX supports three canonical pool configurations:

| Pool type               | Role                                                   | Liquidity ceiling                          |
| ----------------------- | ------------------------------------------------------ | ------------------------------------------ |
| **wBINI / USBI**        | Anchor pool — gives USBI a real-value reference        | Capped at $12M TVL ($6M wBINI + \$6M USBI) |
| **USBI / Agent Token**  | Growth pools — primary trading venue for Agent Tokens  | Uncapped (USBI side scales with user XP)   |
| **wBINI / Agent Token** | Premium pools — Agent Tokens with direct BINI exposure | Limited by remaining wBINI outside anchor  |

Other pools (e.g., direct Agent-Token-to-Agent-Token) are technically possible but discouraged by the topology.

## Topology

```mermaid theme={null}
flowchart TB
    Anchor["wBINI / USBI<br/>Capped at \$12M TVL<br/>(one canonical pool)"]
    Growth["USBI / Agent Token (×N)<br/>USBI side scales with users<br/>(growth pools)"]
    Premium["wBINI / Agent Token (×M)<br/>Limited by available wBINI<br/>(premium pools)"]

    Anchor -- "trades clear here" --> Growth
    Anchor -.- Premium

    classDef anchor fill:#dcfce7,stroke:#16a34a,color:#14532d
    classDef growth fill:#e0f2fe,stroke:#0284c7,color:#0c4a6e
    classDef premium fill:#fef9c3,stroke:#ca8a04,color:#713f12

    class Anchor anchor
    class Growth growth
    class Premium premium
```

## wBINI / USBI (anchor pool)

**One canonical pool**, capped at \$12M TVL.

The wBINI side caps at $6M (50M BINI × $0.12 reference price). The USBI side mirrors it at \$6M to keep the pool balanced.

The anchor pool serves as:

* The **price oracle** for wBINI vs USBI
* The trading venue for users who want to convert between wBINI and USBI directly
* The reference benchmark for off-chain valuations of BINI

LPs in the anchor pool earn the 0.50% LP fee from all swaps that route through it. As DEX volume grows, the anchor sees the highest absolute fee revenue — but is also the most contested LP slot due to the cap.

## USBI / Agent Token (growth pools)

**One per Agent Token**, auto-listed when the token is spawned via [AgentT Launchpad](/agentt-launchpad/overview).

Why USBI as the pair side:

* USBI is a sandbox stablecoin → low volatility relative to fiat
* USBI scales with user XP entitlement → there's always more USBI to LP as user count grows
* No cap on USBI side → these pools can grow large

These are the **primary trading venues** for the bulk of Agent Token activity. Most user trades clear here.

## wBINI / Agent Token (premium pools)

**Optional pools** for Agent Tokens that want direct BINI exposure (and the volatility / opportunity that comes with it).

Why these are limited:

* wBINI total supply is capped at 50M (5% of BINI total)
* The anchor pool consumes a chunk of available wBINI
* Remaining wBINI is split across premium pools

A new wBINI/Agent-Token pool requires either:

* Existing wBINI holders to provide the wBINI side
* Treasury seeding (rare — usually for high-priority projects)

## Liquidity dynamics

| User count | Growth pool USBI side (typical) |                  Anchor pool TVL |
| ---------: | ------------------------------: | -------------------------------: |
|        500 |                           \$50K |          \$1-2M (well below cap) |
|      1,000 |                          \$100K |                           \$2-4M |
|     10,000 |                            \$1M |                   Approaches cap |
|    50,000+ |                          \$10M+ | At cap, overflow to growth pools |

See [Tokenomics → Simulation](/tokenomics/simulation) for projections.

## Permissionless or not?

|                                                | Permissionless?                                            |
| ---------------------------------------------- | ---------------------------------------------------------- |
| Adding LP to existing pool                     | Yes                                                        |
| Spawning Agent Token (auto-creates pool)       | Yes (anyone can spawn)                                     |
| Creating a new wBINI/USBI pool                 | No (anchor is canonical, single instance)                  |
| Creating arbitrary new pools (e.g., USBI/USDT) | Effectively no — no infrastructure for non-canonical pools |

## Worker per pool

Every Agent Token pool has a Worker assigned (from [Agent Hive](/agent-hive/overview)). The Worker provides a management layer **on top** of the V3 mechanics:

* Tracks pool depth
* Reacts to Scout signals (e.g., new launches, volume spikes)
* Receives strategy from Queens
* Logs all actions on-chain

Workers do not custody user funds. LPs and traders interact with the V3 contracts directly.

## Related

<CardGroup cols={2}>
  <Card title="Liquidity" icon="water" href="/baidex/liquidity">
    LP rules and bootstrapping
  </Card>

  <Card title="wBINI Cap Rule" icon="shield" href="/tokenomics/wbini-cap">
    Why the topology
  </Card>

  <Card title="AgentT Launchpad" icon="rocket" href="/agentt-launchpad/overview">
    Spawn auto-creates a pool
  </Card>

  <Card title="Agent Hive" icon="bolt" href="/agent-hive/overview">
    Workers managing each pool
  </Card>
</CardGroup>