Uniswap StablePair Leaves LPs Exposed When Stablecoins Depeg
The hook can capture rebalancing fees, but its fixed reference cannot account for a stablecoin losing value. Pool volume alone cannot establish LP returns.
Every Zipp story tagged #PegRisk, newest first.
The hook can capture rebalancing fees, but its fixed reference cannot account for a stablecoin losing value. Pool volume alone cannot establish LP returns.
The peg slippage is the macro signal: even a microcap preferred-like instrument from a balance-sheet BTC proxy is repricing risk-off, while the clipper campaign is the on-device reminder that…