Hello dear Cent Community. The situation in liquidity pools last month was quite stable in terms of trading volume. When we published the report on liquidity pools last month, the Hive price was worth $ 0.22. It decreased by almost 20%. With the depreciation of Hive, it was expected that Hive-Engine tokens would gain value at rates similar to the Hive decline. However, no token other than HBD responded to this volatility. Therefore, the trading volume in Cent's liquidity pools increased on a Hive basis. However, due to Hive's rapid depreciation, there is a decrease in trading volume in dollar terms.
As for liquidity inflow/outflow; liquidity inflow to the Cent/BTC pool continues at full speed. APR decreased from 110% to 67%. There is some liquidity outflow from the HBD/Cent liquidity pool. Users may have switched to Hive due to the extreme depreciation of the Hive price.
- Hive/Cent liquidity pool has 12500 Hive worth of liquidity. $3500 worth of trading volume in the last month. Current APR in the pool is 59%.
- HBD/Cent liquidity pool has 5500 Hive worth of liquidity. $990 worth of trading volume in the last month. Current APR in the pool is 60.5%.
- Cent/BTC liquidity pool has 4670 Hive worth of liquidity. $730 worth of trading volume in the last month. Current APR in the pool is 67%.
- Cent/Bee liquidity pool has 3984 Hive worth of liquidity. $532 worth of trading volume in the last month. Current APR in the pool is 53%.
- Cent/Leo liquidity pool has 3530 Hive worth of liquidity. $868 worth of trading volume in the last month. The current APR in the pool is 55.4%.
- There is 1685 Hive worth of liquidity in the Cent/Pob liquidity pool. $724 worth of trading volume has been realized in the last month. The current APR in the pool is 97%.
The Cent/BTC liquidity pool is the pool with the highest liquidity inflow despite being new. The liquidity increase compared to the last month is 54%. We have continued to add rewards to this pool so far. However, the amount of liquidity in the Cent/Pob liquidity pool has remained quite low. We will increase its appeal by adding some rewards to this pool. We aim to increase the amount of liquidity in the pool to over 3000 Hive by next month.
As you know, we add a portion of the income we earn from 'Hive-Engine Transactions' to the HBD/Cent liquidity pool as rewards. We will continue to support this pool strategically. This pool is one of the most attractive liquidity pools of Hive-Engine in terms of reward difference and APR. We will continue to increase this attractiveness.
You can reach last month's liquidity pools report here. Follow @centtoken account so you don't miss new news and information sharing.
