šŸŒ•
Welcome to SYM Finance
  • What is SYM Finance
  • Why SYM?
  • Protocol overview
  • āš™ļøMechanism
    • symToken Minting Module
      • symToken
      • Mint Fee
    • Tidal AMM
      • Price
      • Tidal Force
    • Leverage Buyers
      • Fees
    • Leverage Providers
      • Liquidity Provision
      • Picking-off Protection
      • Mint Fee Sharing
      • Tidal Force Rewards
  • šŸ’øTokenomics
    • SYM Token
    • esSYM
    • Multiplier Point
  • šŸ§‘ā€šŸŒ¾User Guide
    • WIP
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  1. Mechanism
  2. Tidal AMM

Price

Tidal AMM gives two prices:

  • Marginal price of symToken/Token - The price of the highest price bin that has liquidity in it. This would be the execution price of a tiny swap order from leverage buyers.

  • System average price of symToken/Token - The weighted average price of all liquidity on Tidal AMM.

Formula for the system average price:

P0=SUM(S1āˆ—P1+......+Snāˆ—Pn)SUM(S1+......+Sn)P_0=\frac{SUM(S_1*P_1+......+S_n*P_n)}{SUM(S_1+......+S_n)}\\P0​=SUM(S1​+......+Sn​)SUM(S1ā€‹āˆ—P1​+......+Snā€‹āˆ—Pn​)​

where:

S=Size of liquidity position(Token)P=Bin price of liquidity position (symToken/Token)P0=System average priceS= Size\,of\,liquidity\,position(Token)\\ P= Bin\,price\,of\,liquidity\,position\, (symToken/Token)\\ P_0= System\,average\,priceS=Sizeofliquidityposition(Token)P=Binpriceofliquidityposition(symToken/Token)P0​=Systemaverageprice

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Last updated 1 year ago

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