Week 74 of reviewing the Donut liquidity pool.
Total Value locked in Sushi.com is $ 37.68k
- 2.4270250033 ETH ($10.16k)
- 8535175.8 DONUT ($27.48k)
- In the last 7 days ETH is has moved -7.5 %
- In the last 7 days DONUT has moved -19.3 %
- Last weeks 7 day Trading Volume = $ 932.91
- This weeks 7 day Trading Volume = $ 12.68k
- Last week 1 ETH = 1.16m DONUT
- Today 1 ETH = 1.30m DONUT
- 6392.68 DONUT per day distributed amongst all in range positions.
This week saw a significantly larger amount of trading take place, with a floor being established at 1.30m DONUT per ETH. The entire markets took a hit this week following Trump's announcement, and this type of market reaction always tends to hit alt coins a little harder.
Despite a slight dip in price, the high level of trading volume would add nicely to the rewards earned by our valiant LPers.
Current prices on Uniswap and Sushi;
Mainnet = $0.003111
Arbitrum = $0.003196
If you want to view a simple guide you can view here
Last week: The top 5 liquidity providers made up a total of 76.79% of the pool.
Today, the top 5 providers make up a total share of 75.71% of the liquidity pool.
In an ideal world the DONUT pool would grow the number of providers so the top5 make up less than 50% – sufficient liquidity with good metrics would be one of the first steps to attaining a new listing somewhere.
Reaching the 100k milestone for TVL is also one of the target goals to improve overall tokenomics.
Diving into the Donut Pool: Week 74
byu/DBRiMatt inethtrader
Posted by DBRiMatt
4 Comments
How much would the TVL need to be for an ideal listing scenario?? Do CEX’s contribute with liquidity?
^(!tip 1)
How do i provide to the LP? Im new and noob :/
!tip 1
We still have a long way to go in terms of TVL.
It’s time for DONUT to run its own network, so users can stake their DONUT xD
^(!tip 1)
Going below 1M donuts to eth would be so nice!
I think this is an appropriate target as a first step.
!tip 1