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Reading Curve, Uniswap and Binance
Binance
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Curve
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Uniswap
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Anchor LPs
Gold line: the mix each LP deposited. The liquid shows what the pool holds now.
Price and flow
Green bars: FDUSD bought. Red bars: FDUSD sold. Times in HKT.
Curve + Uniswap
Binance FDUSD/USDT
Binance peg since launch
Compared with the 7 days before Lan joined.
Average price
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Time at 0.9990 or better
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Lowest price
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Binance net flow a day
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Taker orders on FDUSD/USDT
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of minutes Curve was within 3 bps of Binance
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of minutes Uniswap was within 3 bps of Binance
Higher means arbitrage ties the pools to Binance, so DEX buying reaches the Binance peg.
Price sets the mix
Bots keep each pool near Binance. The pool's price then fixes how much FDUSD it holds.
Binance FDUSD/USDT
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Curve should hold
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Curve holds
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Move across the chart to see the mix at any price.
Other stablecoin pools
How much of each pool sits in the weaker coin, and how far that coin trades below its pair.
Others are a snapshot from 29 Oct. FDUSD rows are live. Uniswap mixes add up every LP's range.