SPY/USDG

The SPY/USDG pool at 0.05%, its liquidity as one token: a full-range position that puts its fees back in. Mint with one token or both, redeem the same way, trade it anywhere. 0xda4e…5E77

Worth

$2.01

0.0013 SPY + 1.0068 USDG

A share holds

$1.01

1.9947 SPYUSDGLP in all

Yours

—

connect a wallet · 2 holders

Fees

< $0.01 put back

100% of the pool's, about < $0.01 a day at today's volume · < $0.01 waiting

Volume 24h

$0.60

5 trades by 3, the last 17 min ago

Market

none yet

open one below

Pay with

ETH

Plain ETH alone: it is swapped to SPY and USDG through the deepest pools and both go in, one transaction. What the position cannot use comes back as those tokens.

Fees go back into the position with every mint and redeem, or now:

Market

No market yet. One payment opens a pool that sells SPYUSDGLP at what a share holds, $1.01 now, with no curve: the price never drifts from worth, and a buy on any terminal lands where a mint does.

Open the market

USDG

Half of it mints SPYUSDGLP through the Weave, half stays as USDG: the float. Every trade pays the float the spread, a tenth of it to development. Take your part out at any time. Opening costs 0 USDG.

How it works

Shares are by liquidity, never by price: a mint buys the same share of the supply as it adds to the position.
Fees go back into the position with every mint and redeem, and anyone may compound them: a tenth of the 5% that goes to development is theirs for it. A share grows in what it holds.
Nobody owns it, pauses it or upgrades it. A sliver is burned, so it can never be emptied.