What is sUSDe ARM LP Token (ARM-SUSDE-USDE)?
The Origin USDe ARM is a vault that purchases Ethena's sUSDe when it goes below its peg and converts it into USDe to earn an arbitrage profit. The USDe is then recycled back to purchase more sUSDe. If purchasing sUSDe below peg is not possible, the vault lends the USDe to an Aave market to earn a baseline yield. This ARM is similar to the Lido ARM, which has handled more than 500,000 ETH in volume. Developed by the team at Origin Protocol.
Where can you buy sUSDe ARM LP Token?
sUSDe ARM LP Token (ARM-SUSDE-USDE) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for ARM-SUSDE-USDE sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
The price and 24-hour volume on this page combine the exchanges ReadPrices tracks for ARM-SUSDE-USDE. Before you trade, compare the fee schedule and the order-book depth on the venue you plan to use: the same coin can cost noticeably more to buy on a thin market.