stETH ARM LP Token Price (arm-weth-steth/CAD)
stETH ARM LP Token
Currency
Official Site
GitHub
White Paper
Official Site
GitHub
White Paper
stETH ARM LP Token market data
Trading Volume
24h
Circulating Supply
0%
Volume / Market Cap
$0.00 / 0
Market Dominance
0%
Total Supply
BID
N/A
ASK
N/A
What Is stETH ARM LP Token (ARM-WETH-STETH)?
The Origin Lido ARM is a vault that purchases Lido's stETH when it goes below its ETH peg and puts it through Lido's redeem queue to earn an arbitrage profit. The ETH is then recycled back to purchase more stETH. If purchasing stETH below peg is not possible, the vault lends the ETH to a Morpho market to earn a baseline yield. Since its inception, the Lido ARM has handled almost $2 billion in volume. Developed by the team at Origin Protocol.
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