> For the complete documentation index, see [llms.txt](https://docs.sanko.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.sanko.xyz/sanko-mainnet/native-dexs/camelot-exchange/camelot-v2.md).

# Camelot V2

Camelot's V2 AMM features dual-liquidity types, meaning that it's able to support both volatile and stable pairs.

Volatile pairs are composed of uncorrelated assets, based on the Uniswap V2 model using the constant product formula (x\*y=k). Stable pairs are used for correlated assets and try to maintain a 1:1 transfer ratio, using a formula based on the Solidly curve (x³y + y³x = k).

Camelot V2 also features dynamic directional fees for trading pairs, allowing different fees to be set for each pool. Camelot pairs can be configured with their own swap fees, and can be set up with different values depending on the swap direction.