Access Model & Evolution
Liminal is now publicly accessible. Following a series of controlled stages and an invite-only Epoch 0, the protocol has transitioned to an open-access model. Any user can now onboard, deposit, and earn, reflecting Liminal’s evolution toward scalable, permissionless growth.
This marks a key shift from the invite-only model used during the early phases, replaced by an open, referral-powered access system that rewards users for growing the network.
Current System: Open Access + Referrals
No code required to join
Users can generate a referral code and earn a share of fees from users they invite
Referrals are funded through shared performance and builder fees.
Maximum per-user balance: $1,000,000
Minimum deposit: 500 USDC
TVL caps: dynamic and per asset, adjusted over time
To learn more, see the Referral Program section.
Access History
Liminal underwent a phased deployment to stress-test the system, fine-tune strategy logic, and confirm execution reliability in live markets.
Stage-Based Rollout
Genesis Stage (Completed)
50 initial users
TVL cap: $100,000
Max deposit: $5,000
No performance fees
Echo Stage (Completed)
TVL cap: $500,000
Max deposit: $25,000
Invite system:
Genesis users: 1 base invite + 1 per $2,500 deposited (max 5)
Echo users: 1 invite per $2,500 deposited (max 2)
Institutional mode introduced (self-custody support)
Echo Stage Extension (Completed)
TVL cap: $1,000,000
Max deposit unchanged
50 new invites distributed by the core team
Core Stage (Completed)
TVL cap: $5,000,000
Max balance per user: $200,000
Invite system expanded:
Genesis: up to 15 invites
Echo: up to 10 invites
Core: up to 5 invites
Customizable strategies introduced
Core Stage Extension (Completed)
TVL cap: $20,000,000
Max balance per user: $500,000
Invite rules unchanged
Epoch-Based Transition
Epoch 0 (Completed)
Transition phase from fixed stages to dynamic scaling
Invite-only system retained
Dynamic per-asset TVL caps introduced
Max balance per user: $1,000,000
Leverage introduced to improve capital efficiency
Epoch 1 (Current Phase)
Open access for all, no invite required
Referral system introduced
Same TVL logic as Epoch 0 (dynamic, asset-specific)
Max balance per user: $1,000,000
Referrals powered by performance and builder fees.
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