stETH ARM LP Token ARM-WETH-STETH
ARM-WETH-STETH
2183.0
$
0.09 %
Change 24h
Market Cap
$ 8,839,338
Volume 24h
$ 1.730
Circulating Supply
4049
Total Supply
2257
Website
ARM-WETH-STETH
$
| # | Exchange | Pair | Price | Volume 24h |
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Description
The Origin Lido ARM is a vault that purchases Lido's stETH when it goes below its ETH peg and puts it through Lido's redeem queue to earn an arbitrage profit. The ETH is then recycled back to purchase more stETH. If purchasing stETH below peg is not possible, the vault lends the ETH to a Morpho market to earn a baseline yield. Since its inception, the Lido ARM has handled almost $2 billion in volume. Developed by the team at Origin Protocol.