CMECommodity Market Exchange
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Australian Dollar

$AUD
Quoted in USDC · one coin = one AUDMintDLMM poolPeg state
$0.7123Feed price · 2d ago
Pool price (active bin)$0.7123 -0.01%
Bid bin$0.7123 · #-72474
Ask bin$0.7124 · #-72473
Active bin#-72474 · step 1 bp
Ask inventory2,811.7531 AUD
Bid inventory120 USDC
Pool reserves2,811.7531 AUD · 120 USDC
Last reprice2d ago

How the peg works

cme_peg owns the mint authority and a two-bin DLMM position: the ask holds protocol-minted AUD in the first bin above the feed price, the bid holds the USDC the ask collected in the bin at or below it. Buying takes coin from the ask, selling returns it to the bid at the feed price less the bin step. Target inventory 2,811.75 AUD; the keeper refills the ask when it falls under 50% of it.

You pay
USDC

The peg holds 2,811.7531 AUD to sell and 120 USDC to buy back. Pool on Solscan