USDC paired with USDT on uniswap-v4-polygon moved over twelve million dollars in volume last day. The reserve stood at eight point two five million dollars while the price changed by just zero point zero nine percent.
Stable pairs show high turnover ratios
USDC/USDT volume reached twelve point zero eight million dollars against that eight point two five million dollar reserve. DAI paired with sLGNS at zero point one nine percent fee produced three point zero four million dollars in volume on a four hundred eighty one thousand dollar reserve. DAI/USDT at zero point zero zero two percent fee added eight point seven one million dollars volume on a one point four five million dollar reserve. These pairs moved liquidity at rates several times their reserve sizes with almost no price movement.
Price shifts without matching flow
NODAL paired with USDT rose three point three seven percent yet recorded only three thousand nine hundred thirty nine dollars in volume. Its reserve measured four hundred twenty eight thousand dollars. AIPF paired with USDT dropped five point three nine percent on five hundred forty eight thousand dollars volume and an eight point five eight million dollar reserve. The percentage change outpaced the traded size in both cases.
FDV figures compared to actual activity
CES paired with USDT carried one hundred seventy four point three eight million dollars in FDV while volume sat at four hundred eighty three thousand dollars. AS paired with DAI showed two hundred eleven point seven nine million dollars FDV against four hundred sixty eight thousand dollars volume. IDL paired with USDT listed eighteen point seven two million dollars FDV on one hundred ninety one thousand dollars volume. BRIL paired with WPOL posted one point two seven million dollars FDV on one thousand three hundred twenty dollars volume. CNKT+ paired with USDT held three point two eight million dollars FDV against three thousand seventy nine dollars volume.
Reserve levels across consecutive snapshots
USDC/USDT reserve remained near eight point two five million dollars while volume exceeded twelve million dollars in the latest pull. DAI/sLGNS reserve stayed under five hundred thousand dollars with volume above three million dollars. These patterns repeat across the feed where turnover clusters on a few pairs.
- AIPF/USDT volume averaged near six hundred thousand dollars across recent pulls
- CES/USDT volume ranged from four hundred eighty three thousand to seven hundred seventy one thousand dollars
- NODAL/USDT volume stayed below twenty thousand dollars in most windows
- AS/DAI volume held between four hundred forty one thousand and six hundred six thousand dollars
The data isolates where volume exceeds price impact and where reserves lag behind traded size.
