CMECommodity Market Exchange
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Euro

$EUR
Quoted in USDC · one coin = one EURMintDLMM poolPeg state
$1.15Feed price · 2d ago
Pool price (active bin)$1.15 -0.01%
Bid bin$1.15 · #-67702
Ask bin$1.15 · #-67701
Active bin#-67702 · step 1 bp
Ask inventory1,742.3272 EUR
Bid inventory120 USDC
Pool reserves1,742.3272 EUR · 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 EUR 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 1,742.33 EUR; the keeper refills the ask when it falls under 50% of it.

You pay
USDC

The peg holds 1,742.3272 EUR to sell and 120 USDC to buy back. Pool on Solscan