📦Bundlers

Bundlers are a special type of producer that combines assets from other producers. This forces the combined positions to be treated as one position, meaning no leg can be closed without closing the whole bundle. This is especially important in liquidation scenarios. Besides that, we can also use this to gain greater capital efficiency.

For example, if a Maker and two Takers are opened individually there are collateral requirements for the Takers. But by opening them together through a bundler, the bundler can understand that the two Takers are actually hedging the Maker. Not only does this reduce collateral requirements, this even allows the entire bundle to be borrowed against.

Bundler List

• Real Hedged LP with or without borrows

• IL Hedged LP with or without borrows

• A Pendle Rate Swap

• Non-Liquidating borrow lending pair.

• Transmuted Lend/Borrow