# Mercurial Protocol Mercurial is building new liquidity systems to maximise the utility and yield of stable assets on Solana. As the DeFi ecosystem on Solana grows, there will be many different variants of collateralized, wrapped, and synthetic assets in the space. Our most immediate objective is to provide the best liquidity for all the major stable and pegged assets on Solana, which we started with our Mainnet beta. Our focus will be on stable coins because they represent a major part of the DeFi demand across synthetic assets creation, swapping, and lending. Robust availability of stablecoin liquidity is crucial to any DeFi ecosystem. Moving forward, we are focused on building **dynamic vaults**, which are market making vaults providing low slippage swaps for stables, while also improving LP profits with dynamic fees and flexible capital allocation. You can read about dynamic vaults [here](https://mercurial.finance/Mercurial-Lite-Paper-v1.pdf). **Community:**\ Discord - \ Twitter - **Litepaper:**\ **About $MER:**\ Where to buy $MER * [FTX](https://ftx.com/trade/MER/USD) * [Raydium](https://raydium.io/swap/) * [Gate.io](https://www.gate.io/) * [Hotbit](https://www.hotbit.io/exchange?symbol=MER_USDT) Where to Stake $MER * [Acumen Finance](https://app.acumen.network/#/deposit/MER) * [Port Finance](https://mainnet.port.finance/#/supply) Check out our Token distribution [here](https://app.gitbook.com/@mercurialfi/s/mercurial/v/master/usdmer) **Media Coverage** * [Podcast with Arcane Bear](https://youtu.be/VsZ3bbOi9QY) * [Podcast with Serum](https://t.co/MjvqRAd3LA?amp=1) * [Podcast with Journal Du Coin](https://youtu.be/2tSIeq08tmY) * [Review by @danku\_r](https://t.co/YYNHREYps6?amp=1) * [Tutorial - how to earn yield on @MercurialFi](https://youtu.be/fqaQQsSHjxw) * [Podcast with Terra Bite](https://t.co/BGRWDtYHz4?amp=1) * [CoinGecko Meetup](https://www.crowdcast.io/e/coingecko-meetup-14/register?0=\&utm_source=twitter\&utm_campaign=meetup-14\&utm_medium=social) **Latest News** * 21st August: Announcing the extension of $MER and $PRT rewards for our PAI 3Pool: * 18th August: Announcing Mercurial’s strategic partnership with Serum with the launch of Solana’s first on-chain cross-protocol aggregator: * 16th August: Port Finance now accept $MER as collateral: * 14th August: Announcing Mercurial community grant programs with @tiddernips as our first community writer. * 14th August: Acumen now accept $MER as collateral! **Education Campaigns** * [Quiz - What is UST?](https://learning.mercurial.finance/ust) * [Quiz - What is PAI?](https://learning.mercurial.finance/pai) * [Quiz - What is Port Finance?](https://learning.mercurial.finance/port) --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.mercurial.finance/mercurial/master.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.