The ratio of ezETH to ETH in the largest liquidity pool of Balancer ezETH has tilted to 94.4:5.6
According to data, in the Balancer ezETH maximum liquidity pool currently holding 23,621 ETH (ezETH+ETH), the ratio of ezETH to ETH has significantly tilted to 94.4:5.6. In the past daily situation, the proportion of ezETH in this Balancer liquidity was maintained at about 50%-65%, but after the announcement of Launchpool issuance and airdrop, the proportion of ezETH tilted to 94.4%, which means that investors choose to directly exchange ezETH for ETH from the DEX. Since the Renzo airdrop only concerns points, users can choose to continue to pledge Farming in other LRTs after exchanging ETH from DEX. Today, the trading volume of the Balancer ezETH-ETH pool exceeded 437 million US dollars, setting a new high. In addition, similar significant tilting situations also exist in pools such as Uniswap v3 ezETH-ETH pool and Balancer ezETH-weETH-rswETH pool. ezETH was briefly decoupled this morning and then returned to anchor.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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