CMECommodity Market Exchange
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WTI Crude

$CL
Quoted in USDC · one coin = one bblMintDLMM poolPeg state
$96.08Feed price · 47h ago
Pool price (active bin)$96.05 -0.03%
Bid bin$96.05 · #-4687
Ask bin$96.10 · #-4686
Active bin#-4687 · step 5 bp
Ask inventory62.8861 CL
Bid inventory3,620.14 USDC
Pool reserves94.4167 CL · 3,625.5 USDC
Last reprice47h ago

How the peg works

cme_peg owns the mint authority and a two-bin DLMM position: the ask holds protocol-minted CL 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 19.77 CL; the keeper refills the ask when it falls under 50% of it.

You pay
USDC

The peg holds 62.8861 CL to sell and 3,620.14 USDC to buy back. Pool on Solscan