Stablecoin
Last updated
Last updated
With the Stable Pool that utilizes a hybrid algorithm, SyncSwap supports stablecoin trading that's highly efficient than any other DEXs on the zkSync Era.
We believe trading at the peg is critical for stablecoin products and has greater benefits for users.
With SyncSwap's Stable Pool, stablecoin products can leverage one of the most efficient liquidity pool designs in the DeFi world - the superpower to keep a super strong peg.
The default trading fee of the stable pools is currently 0.04%, with 50% dividends to liquidity providers.
Trading fees on SyncSwap can be dynamically adjusted, please see the pool overview for the latest fees.
Inspired by Curve's excellent design, SyncSwap's Stable Pool is running the efficient StableSwap mechanism with a coefficient A of 1,000.
