Current Situation in Cent Liquidity Pools (November 2024)

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Hello dear Cent Community. Can we say that "we have entered the bull market now?" :) Don't be sure yet. And don't take advice from incompetent people when making investment decisions. Especially after the presidential elections in the USA, the cryptocurrency market has entered a positive trend. The increase in trading volume and liquidity in the market continues to increase risk appetite.

There is also a visible liveliness in Cent's liquidity pools. The token price reached 0.005 Hive. It is currently trading at $0.0011. There is more liveliness in liquidity pools compared to previous months. Last month, the liquidity amount was $9,208. This month, there is a total liquidity of $15,960 in liquidity pools. In last month's report, the total monthly trading volume was $17,164. This month, the trading volume was $25,847.

  • Hive/Cent liquidity pool has $5820 worth of liquidity. $12837 worth of trading volume in the last month. Current APR in the pool is 43.8%.
  • HBD/Cent liquidity pool has $1765 worth of liquidity. $2586 worth of trading volume in the last month. Current APR in the pool is 52.6%.
  • Cent/BTC liquidity pool has $2714 worth of liquidity. $3648 worth of trading volume in the last month. Current APR in the pool is 52.6%.
  • Cent/Bee liquidity pool has $1374 worth of liquidity. $1367 worth of trading volume in the last month. Current APR in the pool is 35.73%.
  • Cent/Leo liquidity pool has $2748 worth of liquidity. $3451 worth of trading volume in the last month. Current APR in the pool is 33.6%.
  • There is $1540 Hive worth of liquidity in the Cent/Pob liquidity pool. $1958 worth of trading volume was realized in the last month. The current APR in the pool is 63.54%.

There is a $674 increase in liquidity in the Hive/Trade liquidity pool. Last month, there was a total trading volume of $661. This month's trading volume is $1,158.

  • There is $1572 Hive worth of liquidity in the Hive/Trade liquidity pool. $1158 worth of trading volume was realized in the last month. The current APR in the pool is 42.75%.

We have restarted the reward distribution in HBD, BEE, LEO and POB liquidity pools, whose reward distribution period has been completed. You can access the relevant announcement contents here(HBD, Bee) and here(Leo, Pob). Previous month's liquidity pools report here. We will be more involved with the Hive/Trade liquidity pool in the coming period. Follow @centtoken to quickly access new announcements and reports.

Posted Using InLeo Alpha

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10 comments
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Very cool! Hope the trend continues!
Nice to see that on most pools there is more monthly volume compared to the pool liquidity - providing a nice additional reward for liquidity providers!

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We care more about liquidity in pools and the Hive/Cent market and the volume of transactions than the price. As liquidity and volume increase, this will eventually be reflected in the price. Work will continue to ensure this.

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Very happy with the CENT liquidity pools. !BBH !LOLZ !WINE

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Thank you. We hope this satisfaction continues. Of course, these studies will continue. And new studies will be initiated.

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@rainbowdash4l just sent you a DIY token as a little appreciation for your post dear @centtoken! Feel free to multiply it by sending someone else !DIY in a comment :) You can do that x times a day depending on your balance so:

Don't be shy - share some DIY!

You can query your personal balance by !DIYSTATS

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