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Bonkers USDC - DAI rates on certain DEXes - just paid $13k DAI for $14.4k USDC. Risk free arbs!?

Binance

Cryptocoins Exchanges / Binance 165 Views

Properly, truly Im unsure, but the change fee was approximately 1.08 when i tried, simply dangerous liquidity i assume?

Edit: seems Uniswap and 1inch are back to regular ~1:1 accross the board, but nonetheless on https://raydium.io dex, its hovering around 1.08, but only about $730okay liquidity, so its in all probability simply they've a lot more USDC than DAI LPs, doubtless only a symptom of the bear market and subsequent lack of liquidity in certain pockets of the market.

Will examine again later, i anticipate it returns to 1.0 fairly soon anyway

????

Emilia C

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