Based Nut liquidity modeled as a rooted, multiplex liquidity hypergraph, expressed through tree language β where every pool is a botanical structure, every collection is a grove, and the whole farm evolves as an economic state machine.
Five things that are easy to conflate, kept separate: assets, structures, groves, topology, and state. No layer reduces to another β a pool is not a grove, a shape is not a mechanism, a snapshot is not the machine.
Two scales, two graphs. Branches root on NUT; Grafts root on wNUT, its 1:1 rootstock wrap. The wrapper is the only edge between them β a NUT-rooted pool and a wNUT-rooted pool hold different tokens and form different graphs, joined by one rail. The Atlas filter bar separates the scales explicitly.
A 2-token pool, a 3-token pool, and a 4-token pool are mathematically different objects β the Orchard gives each its own name. Every example below is live on Base right now, with its address. Each arity admits different invariants, different swap mathematics, and different failure modes β the names are graph theory, not ornament.
A two-asset market β an ordinary graph edge. The same pair can exist on many venues at once (multiplicity): NUT/WETH grows on three parallel branches.
A rooted ternary hyperedge: rootstock plus exactly two scions. Strictly three tokens, strictly wNUT-rooted. The Sunflower Grove's Twin Grafts run 20/40/40.
An unrooted multi-asset hyperedge (nβ₯3), no distinguished rootstock. pNUT β the 4-merous 25/25/25/25 pool that predates grafting β is the Orchard's heirloom Whorl.
Not a pool β a projection. A grove is any economically, functionally, or historically coherent collection of structures. One structure may belong to many groves at once.
The propagation metaphor is literal: a scion from one tree joined to the root system of another, sharing liquidity the way grafted plants share water.
Four classes by meaning, three practical groves you can walk through today. Grove membership is a function of state β a pool can enter an Arbitrage grove when a discrepancy exists and leave when it's arbitraged away. One pool wears tags from every class at once: gtAGT is Compute crop + Routing guild + Weighted cultivation + Sunflower member.
Economic exposure β what the orchard grows.
Economic function β what structures do for the system. Pollinators, routers, arbitrageurs.
Liquidity mechanism β how value is grown. The Orchard is deliberate polyculture.
Lineage and history β where structures came from, what they inherit.
Six rooted Twin Grafts on one wNUT rootstock β the standardized planting. Batch I went live 2026-08-27: Inference, Agent, Ether, Bitcoin, FX. gtSIL Silicon Twin Graft (RWA β NVIDIA Β· Apple) live 2026-09-01.
The inherited collection β foundational branches, the pNUT Whorl, the Mint Club curves. Everything planted since genesis, kept for lineage.
The wild mixed forest β heterogeneous cross-mechanism routes. Ring I closes a loop through four different pricing functions: bonding curve β vAMM β reCLAMM β concentrated liquidity. Cycle enumeration since found 219 rings total β 32 exist only because the NUTβwNUT wrapper connects the two scales. Every ring traverses both ways.
Topology is the view from above β the geometric shape the connections make when you squint at the whole system. The Orchard is honest about maturity: parallel markets on the same pair (NUT/WETH on Uniswap V2 and V3) are multiplicity, not Mesh β route redundancy is the seed of Mesh, not its proof. A form is claimed live only when the shape is drawn by real, address-bearing structures.