Score | 38 |
|---|---|
24h Vol | $0 |
Liquidity | $1.3K |
Holders | 4 |
Audits | |
Age | 4 days |
FDV | $389.08 |
Market Cap | $388.78 |
About Cyclo cyWBTC.pyth (Pyth oracle) (cyWBTC.pyth)
Cyclo rethinks leverage from first principles. Instead of following the traditional DeFi pattern of lending pools, interest rates, and liquidations, Cyclo creates a simple primitive: the ability to lock collateral (like WETH) and mint cy* tokens (like cyWETH) that can trade between $0 and $1. This design leads to a natural market for leverage. When demand for leverage is high, users lock their collateral and sell cy* tokens, increasing supply and lowering its price. When traders want to unwind positions, they buy back cy* tokens to unlock their collateral, creating demand that drives the price up. This cycle repeats naturally without any governance decisions, interest rates, or forced liquidations.
cyWBTC.pyth/USDC Price Stats
The current price of cyWBTC.pyth (cyWBTC.pyth/USDC) on Camelot V3 is $0.3509, the price is up 0% in the last 24 hours. Its 24-hour trading volume is reported to be at $0.00 with a total of 0 transactions. cyWBTC.pyth/USDC contract address is 0x0c209cc5e768bd4dda33de32ebd652a8604224fc, with a Fully Diluted Valuation (FDV) of $389.08 and a liquidity pool of $1,298.95.
