Volatile Token AMMs
List of general purpose AMMs for volatile tokens on Shell
Last updated
List of general purpose AMMs for volatile tokens on Shell
Last updated
Despite their popularity, many tokens like ETH and BTC can fluctuate wildly in value. Since they are so unpredictable, these 'volatile' tokens make it a bit trickier to design an AMM perfectly tuned to their ups and downs. Nevertheless, it is possible to create a better AMM than the simplistic constant product AMM by using historical price data and fitting that information to a curve with concentrated liquidity.
Shell's initial volatile-to-stable pools are designed so that when the pool's liquidity is split 50-50 across both tokens, the swap rate uses the median dollar value of the volatile token over the last year.
Interested to read more about how these pools were designed?
ETH+USDPool Address: 0xa2dB39e781A5Eee0EAA625dace6F097c17dfF7Ea
LP Token ID: 0x3d39f7c71b4be4b2b39924b0aefbe172194c1a8b11ff4e31a74896edead80b02
Component assets:
ETH
DAI
USDC
USDT
Fee: 0.25%
WBTC+USDPool Address: 0x3402D87DF0817b2A96b210b8873d33dD979C8D19
LP Token ID: 0x0e53d22e36f0a0403bacf365d574a97253953118fb462cb766f6a1a34791d493
Component assets:
WBTC
DAI
USDC
USDT
Fee: 0.25%
ARB+ETHPool Address: 0xA16F40437213020A167c230E4667ff8f13640f75
LP token ID: 0x977a1e4c16998d4b94d59494909c9503f5bc50642326bc8fa61f2e22761e7a3a
Component assets:
ARB
ETH
Fee: 0.25%
MAGIC+ETHPool Address:0x0699645f2fd448398272ae07f82eee8d0388de1c
LP token: 0xf00fbe5928cf77453911087439475eba4c4ddedd3f3664589eaa91c00e803377
Component assets:
MAGIC
ETH
Fee: 0.25%
REUNI+ETHPool Address:0x3917c74FDeC42071E29461c849bceB81cBC3059c
LP token: 0x107a8aad95f88121f288baa229d82a6979de4158e6e0762a53e9ab24b4881c25
Component assets:
REUNI
ETH
Fee: 0.25%
STG+ETHPool Address:0xe043EB17Cc12C3fD4f5EaC765D0f1b965975F470
LP token: 0x395b21a145e98bc33138d4bc87a25e7ca0839b05bd16c1ed06476c5ceb5c0bfe
Component assets:
STG
ETH
Fee: 0.25%