December 2, 2020: USD-N shines amidst broad volume drop, + sUSD imbalance
Keep Ahead of the Curve
Per your request, we’re now tracking total reserves at Curve Market Cap! Keep the feedback coming. Here are today’s trends to watch:
Total volume dropped 72%, with most pools seeing declines in activity.
USD-N bucked this trend following its half a million dollar airdrop on rumors of increased yields. Outside of its airdrops, this burst of activity has boosted the pool’s daily effective APY to a Curve leading 7.45%
sUSD demand also remains high, leaving this the top dollar pool by volume and prices approaching a weighty $1.03 on the dollar.