Methodology / 01

Comparison model.

Giga Relay does not rank pools by headline APR. It estimates the expected net value of your actual capital in two places over a horizon you choose, subtracts what it costs to move, and returns one honest conclusion. This page states the decision unit and every input that feeds it.

Data sources. Pools, positions, prices, and TVL are read live from Robinhood Chain (GigaDEX and Uniswap V3) via RPC, with DefiLlama for chain-level volume; each surface labels whether it is live on-chain or modeled. A token must be in the verified registry to be eligible for a recommendation — unverified tokens are shown read-only and marked Not comparable (fail closed). Migration plans are constructed, decoded, and simulated, but broadcast is gated until each source adapter passes the launch security review below.

01 / The unit

Decision unit

The unit of decision is a horizon-bounded advantage, not a rate. H is the selected horizon; each term is an expectation over modeled price paths, with token-price exposure held equivalent between venues.

Net Advantage_H = E[ F_G + I_G − C_G ] − E[ F_S + I_S − C_S ] − M

F_G, F_S — expected swap fees, Giga and source.

I_G, I_S — expected priced incentives, dilution- and eligibility-adjusted.

C_G, C_S — expected management cost, including likely reranges.

M — one-time migration cost (gas, swap fee, price impact, slippage reserve, any Relay fee).

Underlying token-price exposure is held equivalent wherever possible. Where it cannot be, Relay labels the difference and cannot issue a Move.

02 / Like with like

Comparability

A comparison is only defensible when the two pools hold the same thing. Symbols are marketing; identity is an address.

Exact token identity

Two pools share a pair only when the token addresses are identical on Robinhood Chain. Bridged, synthetic, issuer-specific, or same-symbol tokens are never assumed equivalent.

Allowlisted lossless wrappers

The one exception is an explicitly allowlisted, lossless wrapper conversion — for example ETH and canonical WETH. Nothing else is folded together without an explicit asset-mapping policy.

Symbols are never sufficient

Matching on ticker alone is prohibited. A shared “USDC” label across two contracts is not a match; the registry decides identity, not the string.

Strategy equivalence

For concentrated liquidity, comparability also requires equivalent range width, fee tier, and capital — or an explicit, standardized range translation that is disclosed as an assumption.

03 / Fees

Expected fees

Fees are forecast from an ensemble of trailing windows, weighted by volatility — never from one lucky day.

Multi-window ensemble

The default forecast blends trailing volume across multiple windows with volatility-aware weighting. No single 24-hour observation may drive a Move.

Active liquidity, not TVL

For concentrated liquidity, the position earns a share of active liquidity at the current price, not a share of total TVL. Idle out-of-range capital is not credited.

In-range probability

Expected fees are scaled by the probability the position stays in range over the horizon, estimated from trailing price behavior.

Deposit-size dilution

Your deposit increases total and active liquidity, diluting the per-unit fee. The model recomputes your share after adding the proposed capital rather than applying the pool’s current headline rate.

Data quality gates

Pool age, event completeness, wash- or anomalous-volume flags, and time-of-day effects for stock-token pairs all condition the estimate and its confidence.

04 / Incentives

Incentives vs points

Priced incentives enter the dollar comparison; GIGA points do not. Points are shown as a quantity, and any dollar figure attached to them is explicitly your scenario, not ours.

Priced incentives

Gauge and emission state are read directly from verified contracts, then adjusted for your expected share after deposit and, for CL gauges, for in-range eligibility. Incentive variability is modeled separately from fee variability.

GIGA points as a quantity

Expected points are shown as a quantity, never assigned a default dollar value, and never counted in the default return or Move logic.

Optional user valuation

You may enter a hypothetical GIGA valuation. Any resulting figure is labeled a scenario assumption and is never described as realized yield.

Symmetry

Source incentives are held to the same standards as Giga incentives. There is no home-team discount.

05 / Cost

Migration cost & break-even

M is the full, itemized cost of moving. Break-even is how many days of net advantage it takes to repay M — and it can be never.

Components of M

Source exit gas
Reward-claim gas (when included)
Approvals
Balancing-swap fee
Expected price impact
Slippage reserve
Destination deposit gas
Giga staking gas
Account-abstraction / relayer cost
Relay fee, if any

Break-even

days = M / max( daily Giga net − daily source net, 0 )

If the denominator is zero or negative, break-even is null — the advantage never repays the move, and the recommendation cannot be Move. Any Relay fee is inside M, so Relay can never recommend a migration that becomes uneconomic after its own fee.

06 / Gates

Default recommendation thresholds

A Move requires every gate below to pass. These are configuration values, versioned with the model.

Gate

Value

Conservative lower bound of Net Advantage is positive

> $0.00

Lower-bound advantage clears a minimum dollar floor

$5.00

…or a minimum share of principal, whichever is greater

25 bps

Confidence score is at least

70%

Organic-fee data coverage (unless New + experimental mode)

7 days

Expected break-even is shorter than the selected horizon

horizon

All security, ownership, liquidity, and simulation gates pass

required

The four states

Every comparison resolves to exactly one. Color is never the only signal — each chip carries a distinct shape and its word.

State

Meaning

Move to Giga

Conservative net advantage clears every threshold and every gate — the move repays itself inside the horizon.

Stay

The source position is expected to produce equal or greater net value. Staying is a correct, complete answer.

Watch

Positive base case, but uncertainty, cost, or break-even blocks a Move. Save it and re-check when inputs move.

Not comparable

Asset identity, strategy, data, ownership, or token behavior prevents a defensible comparison.

07 / Confidence

Confidence score

Relay reports a 0–1 score and the single largest reason it is not higher. The score is the product of five components.

Data coverage

Pool age, event completeness, indexer agreement.

Stability

Variance in volume, fees, incentives, and active liquidity.

Strategy fit

Exact pair, range equivalence, comparable AMM behavior.

Market quality

Depth, price impact, oracle agreement, anomalous-volume flags.

Execution certainty

Fresh quote, verified contracts, successful simulation.

08 / Pricing

Price hierarchy

One approved price per asset, chosen by a strict fallback order. Spot is display-only and can never decide a Move.

1 · Chainlink

Approved Chainlink feed where available and fresh.

2 · Canonical TWAP

Time-weighted average from a deep canonical Robinhood Chain pool.

3 · Median venues

Median across multiple independent liquid venues.

4 · Spot (display only)

Shown for reference, never used for a Move decision.

If approved sources deviate beyond the pair-specific threshold, Relay blocks the recommendation and the migration until they reconcile.

Move only when the move wins.Master brand rule / 01

Model version

relay-model/2026.08.0

The formulas above are versioned. Any change to a formula or threshold increments the model version shown in every report and invalidates cached recommendations, so no stale conclusion outlives the logic that produced it.