Liquidity review - Jul 2021

ETH2-FLI

A quick comparison with June:

Price Units AUM ($ m)
27Jun21 $52.56 524,623 $27.6
26Jul21 $84.59 713,687 $60.4
ETH2-FLI Unit 27 Jun Uni v2 27 Jun Uni v3 26 Jul Uni v2 26 Jul Uni v3
AUM Million $ $4.7 $6.3 $5.4 $15.9
14 day average trade Million $ 1.96 4.26
14 day average fee $ 5,867 12,765
Annualised average fee income % 46% 74%
24 H volume Million $ 1.2 11.6
Annualised average fee income % 24% 80%
ETH2-FLI in pool # ETH2-FLI 43,375 97,530 32,998 115,998
ETH in pool ETH 1,269 530 1,170 2,783
ETH2-FLI in pool $ M USD $2.4 $5.3 $2.8 $9.7
ETH in pool $ M USD $2.3 $1.0 $2.6 $6.2
Sell ETH for 1% price impact ETH 9.0 20.0 8.3 136.0
Buy ETH for 1% price impact ETH 9.0 24.5 8.3 47.8
Sell ETH for 2% price impact ETH 22.2 54.0 20.5 264.0
Buy ETH for 2% price impact ETH 22.2 51.0 20.5 179.4

On v3, even at -50% of the current price, there is 19 ETH per tick (so ~32 ETH per 1% price impact).

Overall, we have deep liquidity for ETH2-FLI, and as in June, I see no need to consider Liquidity mining it.

2 Likes