Build a ladder

Band, rungs, sides, and what the simulation checks.

Bursar

Bursar

Docs · for lps

Build a ladder

Band, rungs, sides, and what the simulation checks.

Bursar

Bursar

Docs · for lps

Aligned positions across a price band. Rungs below price hold the quote currency; rungs above hold the token. Only the rung the price sits in earns at any moment, so the ladder is built to be crossed.

Band, rungs, sides

The band is the price range the ladder spans; the rung count is how many positions it is split into; the sides decide which rungs hold the quote currency and which hold the token. Per-rung size and the venue allowlist complete the plan.

Where a ladder can be built

Ladders are built where a builder is deployed: Uniswap V3, Uniswap V4, Ramses V3, up. and GIGA. Positions on every venue are read regardless of builder status. Pons v2 is read only.

What the simulation checks

The app simulates each transaction before asking for a signature and shows the decoded result. Once signed and included, a transaction cannot be reversed by us or anyone else.

Elsewhere.

@bursarfun on X. Every figure on the site carries a provenance label: measured, reported or derived.