> For the complete documentation index, see [llms.txt](https://docs.kairosswap.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.kairosswap.com/using-kairos/earn.md). # Earn Supply liquidity to a market and withdraw it again Traders need someone on the other side of their swap. Supplying liquidity puts you there. You deposit the market's collateral token into a pool, the pool takes the opposite side of the swaps traders open, and you earn the fees they pay. Supplying liquidity can be a way to passively generate fees, take a directional bet on rates, or both. Returns are variable and not guaranteed, as each pool is exposed to market risk, including interest rate movements. ## Step 1 — Choose a market Go to **Earn**. Each row is a pool you can supply to, showing: * **Utilization** — how much of the pool is already backing open swaps. High utilization can mean higher fee income, but less room to withdraw. * **7-Day APY** — what the pool has actually returned over the past week, annualized. Recent history, not a forecast, and it reads `N/A` on pools too new to measure. * **Pool Fee** — what traders currently pay to use this pool. {% hint style="info" %} **The direction badges mean the opposite of what they mean on the trading pages.** They describe *your* exposure as a supplier, not the trader's. Supplying to the fixed pool shows as `Short ↓`, because you are taking the other side of traders going long. {% endhint %} ## Step 2 — Supply Clicking a row opens the market on its **`Supply Liquidity`** tab. 1. Make sure you are on the **`Supply`** tab. 2. Enter an **`Amount`**, or press **`MAX`**. 3. Check the preview line showing roughly how many shares you will receive. 4. **`Approve`**, then **`Deposit`**. {% hint style="warning" %} **Your wallet may ask you to sign more transactions than you expect.** Supplying and withdrawing settle any expired swaps in that market first, and those are batched ten at a time. The button tells you where it is up to, reading something like *"Settling expired 3/7…"*. Let it finish. {% endhint %} Under **`See advanced options`** there is a **Max slippage** setting, **on by default** at 50 basis points, which cancels the deposit if the share price moves while you are signing. Leave it on. ## Step 3 — Withdraw Same widget, **`Withdraw`** tab. Enter an amount, or **`MAX`** for your whole position, then **`Withdraw`**. You can withdraw whenever the market has liquidity that is not committed to open swaps. On a heavily utilized pool you may only be able to take out part of your position and need to come back for the rest. ## Vesting — read this before you withdraw Profits earned by the pool do not become withdrawable the moment they are made. They **vest** over a period. This stops anyone depositing just before a profitable settlement, collecting a share of it, and leaving. It has three consequences worth knowing: * **Withdrawing during your vesting period forfeits your unvested profit.** Your shares are valued at the price you entered at rather than today's price. The widget tells you exactly how much you would give up, and makes you tick a box confirming you understand before it will proceed. * **A new deposit restarts your vesting clock.** Adding to an existing position converts at today's share price, but resets the period. * **Withdrawing early also gives up your share of the pool's remaining vesting drip**, which is redistributed among the suppliers who stay. Again, the widget quotes the amount. If you can wait until vesting ends, you keep the lot. The **`Your Position`** panel shows **`Unvested Amount`** and **`Vesting ends in`** so you can see where you stand. {% hint style="info" %} Occasionally a full exit is blocked for a short while because recent settlement gains are still vesting into the pool. Withdraw slightly less than your whole position, or come back later. {% endhint %} ## Reading your position The **`Your Position`** panel shows: * **Shares** — your claim on the pool. This number only changes when you deposit or withdraw. * **Position value** — your shares at today's price. This is the number that moves. * **Available** — what you could withdraw right now, given utilization and vesting. Your return comes from the share price rising, not from shares being added. To manage positions across several markets, use the **LP** tab in your **Portfolio**, where each row has a **`Manage`** button that opens this same widget. ## When supplying is unavailable * **Deposits Blocked** — the pool was wiped out by settlement losses and is waiting to be reset. Do not supply until it has been. * **Supplying liquidity to this market is not allowed at this time** — deposits are paused on that market. * **Preview unavailable** — the app could not price the deposit, so it has disabled it rather than guess. Try again shortly. ## Related * [Opportunity](/liquidity-providers/providing-liquidity-on-kairos.md) — why supply to Kairos * [How it Works](/liquidity-providers/how-it-works.md) — the mechanics in more detail * [Legal Disclaimers & Risk Disclosures](/liquidity-providers/legal-disclaimers-and-risk-disclosures.md) *Supplying liquidity puts capital at risk. Yield is variable, depends on market activity, and is not guaranteed. You can lose part or all of what you supply.* --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation by asking a question. Perform an HTTP GET request on the following URL with the `ask` and `goal` query parameters: ``` GET https://docs.kairosswap.com/using-kairos/earn.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is what the user is ultimately trying to achieve, the reason they need the answer. Sharing it helps GitBook give you a better, more relevant answer. A goal is most helpful when it describes the outcome the user wants rather than restating the question. 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