SPYx/USDC

0.10% · tick 10raydium-clmm · solanaLIVE · raydium:v3-api (xStocks proxy, USDC-quoted)

as of Sep 26, 08:46 UTC · raydium:v3-api (xStocks proxy, USDC-quoted)Simulate position →

Price (USDG)

773.17

TVL

$3.4M

Volume 24h / 7d

$1.99M

7d $34.77M

Fees 24h / 7d

$2K

7d $34.8K

Fee APR / APYPool fee APRfeeAPR = (7d fees / TVL) × (365 / 7)Annualized rate from trailing 7-day fees over current TVL. Pre-entry: does not include the dilution your own capital would cause.

53.4%

APY 70.0%

Vol / TVL (24h)Volume / TVL24h volume ÷ TVLCapital turnover. Higher = more fee revenue per dollar of pooled capital.

0.59×

ATM IV (SPY)IV-implied price distributionp_T = p₀ · exp(−σ²T/2 + σ√T·Z), σ = options ATM IVRisk-neutral lognormal density over the horizon, using the real underlying's listed-options IV. Quoted IV typically ≥ realized vol (conservative for IL).

11.1%

cboe:delayed-quotes-cdn (15-min delayed)

Fee coverage vs LVRFee coveragefeeCoverage = fee APR ÷ LVR APRBelow 1: fees do not cover adverse selection at current volume — structurally unprofitable before operating costs.

✓ 7.50×

LVR APR 7.1%

Liquidity by tick · IV-implied price distribution · gap score

horizon 14d

Existing liquidity (L per tick bucket) IV-implied price density (horizon) Current price Gap score strip

Daily volume (30d)

no history available

Daily fees (30d)

no history available

Reserves & top gaps

Token distribution1,809.4 SPYx · $2M USDC

41.2% SPYx · 58.8% USDC

Top liquidity gapsGap scoregᵢ = oᵢ / (Lᵢ + ε), normalized to [0, 1]High where expected trading activity is large relative to competing liquidity — thin spots worth concentrating into. (high expected activity, thin competition)

Range	vs spot	Score
759.81 – 761.33	-1.6%	1.00
765.91 – 767.45	-0.8%	0.97
792.40 – 793.99	2.6%	0.85
757.53 – 759.05	-1.9%	0.85
779.82 – 780.60	0.9%	0.76

ATM IV term structure (SPY)

09-28: 7.8%09-29: 9.1%09-30: 10.1%10-01: 10.6%10-02: 11.2%10-05: 10.4%10-06: 10.6%10-07: 10.8%10-08: 10.9%10-09: 11.1%

cboe:delayed-quotes-cdn (15-min delayed) · as of 2026-09-26 03:44