Daily CUB Report | Liquidity Synergy on CUB - How CUB's MTB is Generating 50%+ Returns

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The volume accross all of the CUB Liquidity Pools keeps growing exponentially. This is now a fun thing to watch thanks to all of the listings that the @leofinance team has gotten CUB onto over the past week.

If you open CUB on CoinMarketCap, you can now see the Multi-Token Bridge Pools (bHIVE and bHBD). This is awesome because now you can see the actual trading volume across all major CUB Pairs.

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I highly recommend opening this page and seeing for yourself and if you're considering (or are already) becoming an investor in CUB, you need to know how to access key data points like this: https://coinmarketcap.com/currencies/cub-finance/

This will change the way you view CUB. It's become a Liquidity Settlement asset for Multi-Token Bridge assets.

When someone trades HIVE or HBD or BUSD or BNB, they trade through the CUB token. All of this trading creates volume equally across all of the LPs thanks to arbitrage trading..

See the price of CUB in the above screenshot? They are all within fractions of pennies of each other but they are price independent. This means that if someone trades $1,000 in the CUB/BUSD pool, the price of CUB/BUSD will become unequal to the other 3 pools.

That cannot stand. The pools need to even out because of arbitrage opportunity. If the CUB/BUSD pool increases in price by a factor of $1,000, then the other 3 pools are now cheap relative to this pool.

Now an arbitrage bot comes in and buys CUB in the other 3 pools and then sells it in the CUB/BUSD pool to equal out the price of all 4 pools.

It's pretty amazing... It means that a $1,000 trade in one of the pools creates nearly $2,500+ in total trading volume across all 4 LPs simultaneously.

Trading volume = good business for the CUB DAO as it creates revenue that buys/burns CUB!

Follow along as I report daily on @cubdaily 🙏🏽

CUB Token

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  • Price: $0.02494
  • Total CUB Supply: 17,854,081
  • Total CUB Burned: 1,072,408
  • Total Market Cap: $445,189
  • Total Value Locked: $1,524,846.64

Data Sourced On-Chain

Multi-Token Bridge Stats

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  • bHBD-bHIVE: $107k
  • bHBD-BUSD: $261k
  • bHBD-CUB: $131k
  • bHIVE-CUB: $133k
  • Total: $632k

Funny thing to note here: the TVL in yesterday's report was $633k. So it went down by $1k.

Though what happened to the HIVE Price? It dropped by over 20% since it gave back the entire move upward (currently at $0.51 instead of $0.60+ from yesterday's pump).

This means that TVL actually grew for the multi-token bridge. In raw $ terms it only went down $1k but that's because a lot of new LP entrants were adding to the pools. If there were no additions, I think we'd see TVL closer to $600k today.

~$30k in new capital was added to the HIVE and HBD pools on Cub today!

Data Sourced On CubFinance

CUB Burns

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CUB Burns trend is so crazy to watch. Vertical take off, am I right?

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Further Reading:

About CubDaily

I'll be using this account to report on the CUB stats each and every morning. Together we'll track the growth of CUB under the completely revamped ecosystem that LeoTeam has built called the Multi-Token Bridge.

Posted Using LeoFinance Beta

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