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British Pound

$GBP
Quoted in USDC · one coin = one GBPMintDLMM poolPeg state
$1.34Feed price · 2d ago
Pool price (active bin)$1.34 -0.01%
Bid bin$1.34 · #-66161
Ask bin$1.34 · #-66160
Active bin#-66161 · step 1 bp
Ask inventory1,498.756 GBP
Bid inventory120 USDC
Pool reserves1,498.756 GBP · 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 GBP 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 1,498.76 GBP; the keeper refills the ask when it falls under 50% of it.

You pay
USDC

The peg holds 1,498.756 GBP to sell and 120 USDC to buy back. Pool on Solscan