# Fluid

Fluid is a decentralized application made by Instadapp introducing innovative features like unified liquidity layer, automated limits, lending and vault protocol, oracle system, and a DEX protocol.

Fluid incorporates proven concepts from several known protocols:

* Uniswap V3 - uses slot-based liquidity to optimize liquidations
* Maker DAO - implements vault-based borrowing system for better asset security, automated ceilings, and reduced gas overhead
* Compound & Aave - uses pool-based liquidity and utilization-based rate curve
* Curve - Innovates on Smart Debt & Smart Collateral, allowing users to use both their collateral and debt as DEX liquidity

### Key Innovations: 

* Unified Liquidity Layer - eliminates fragmented liquidity by providing single source for all Fluid-based protocols.
* Offers up to 95% LTV on non-correlated assets and allows up to 20x leverage on borrowing.
* Automated Ceilings prevent sudden whale movements and enhance security based on real-time utilization rates.
* Advanced Slot-based Liquidations (with liquidation penalties as low as 0.1% and up to 3%) enable the most gas-efficient method for liquidations.

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## Related Articles:

* [Dashboard & Use-case](https://help.defisaver.com/protocols/fluid/dashboard-and-use-case)
* [Compatibility & Automations](https://help.defisaver.com/protocols/fluid/compatibility-and-automations)
* [Liquidity Layer](https://help.defisaver.com/protocols/fluid/liquidity-layer)
* [Lend Protocol](https://help.defisaver.com/protocols/fluid/lend-protocol)
* [Vault Protocol](https://help.defisaver.com/protocols/fluid/vault-protocol)
* [DEX Protocol](https://help.defisaver.com/protocols/fluid/dex-protocol)