RUJI Trade Expands with 18 New Trading Pairs Across Stablecoins and RUNE
RUJI Trade has expanded its platform with 18 new trading pairs, offering direct routes between stablecoins and other major assets. This move affects three key areas of the ecosystem: user trading options, opportunities for liquidity providers, and the Virtualization Strategy's ability to rebalance THORChain's Base Layer pools.
The expansion includes eight pairs that link USDT or USDC with assets like TRX, AVAX, LUSD, ETH, and USDT.TRON. These new markets provide more direct routes between stablecoins and other assets without requiring multiple operations.
The remaining ten pairs connect assets like ETH, XRP, LTC, ATOM, BNB, BCH, AVAX, DOGE, and TRX directly with RUNE. Each of these direct pairs carries technical implications for the Virtualization Strategy, allowing it to access available liquidity more efficiently and simplify rebalancing.
The introduction of Custom Concentrated Liquidity (CCL) positions on the App Layer will also provide fee opportunities for providers and facilitate Base Layer rebalancing via arbitrage. Additionally, THORChain's WasmArbSlipMinBps configuration has been set to zero, enabling automatic correction of smaller price differences between both layers.