LBTC trading volumes grew by 450%
Today, an abnormally high $40M trading volume was recorded, and this is only in the first half of the day. Most likely, this number will grow even more by the end of the day.
The volume was recorded on Curve, which processed $25M of volume in the WBTC/LBTC pair, whose TVL is only $1.5M.
Thanks to this, the LP yield jumped sharply to 150% APR.
I don’t think this value will last long.
Although this is a small liquidity pool, even $300,000 or $3 LBTC trades were executed with a slippage of no more than 0.15%. Fantastic result.
Perhaps someone is preparing for the upcoming $BARD sale
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