Stable Token AMMs
List of stable token AMMs on Shell
Last updated
List of stable token AMMs on Shell
Last updated
One of the most important categories of AMMs are those designed for trading pairs with stable exchange rates ("stablecoins"), such as DAI, USDC, or USDT. Because the value of such a token is pegged to a stable unit like the US dollar, stablecoins are common tokens that many people trust for everyday transactions on blockchains. However, like any currency, stablecoins still fluctuate in value on a very small scale, usually on the order of hundredths of a basis point.
Shell's initial stablecoin-to-stablecoin pools are designed with these fluctuations in mind. We concentrate the liquidity of the pool over the range of common price fluctuations. Many of the pools, like the DAI+USDC pool, were designed such that when the pool's liquidity is split 50-50 across both tokens, the swap rate is the median rate over the last year.
Interested to read more about how these pools were designed?
DAI+USDCPool Address: 0x537E2d22CC140C15Ec03e99BE399223750DE7737
LP Token ID: 0xbebb2eb60c5f0f6b2851070df30eb6b21f828c3b8242fd438caed9ca074a4436
Component assets: DAI+USDC
Fee: 0.025%
USDT+USDCPool Address: 0xd5A7eDB913eae552e341b3bA0704CB2F6971BF7b
LP Token ID: 0xaed7b01708bac910285a0331e9d703cc070c2c3ab641b4aec46feffa10f0d46b
Component assets: USDT+USDC
Fee: 0.025%
StablepoolPool Address: 0x4f9d367636d5d2056f848803C11872Fdbc2afc47
LP Token ID: 0x6fa5e1f835f60b6883a60a12ec43e1534c10acef7b090b1b6a36b82876f54de9
Component assets: DAI+USDC+USDT
Fee: 0.025%
wstETH+ETHPool Address: 0x2EaB95A938d1fAbb1b62132bDB0C5A2405a57887
LP Token ID: 0x39d7132d7d4337aea5f75f468e05f6efd8182efd66eb6ddc49a8c900548411db
Component assets: wstETH+ETH
Fee: 0.025%