Clean and direct exposure to @circle’s USDC growth, now on Alkimiya. Get started with this quick and easy guide to trade USDC Supply 📖

Step 1️⃣: Select the active pool that you’re looking to trade in Step 2️⃣: Browse the Market orders 📈 Buy (long) orders if you expect the Average Total Supply of USDC to be higher than the Implied Total Supply 📉 Sell (short) orders if you expect the Average Total Supply of USDC to be lower than the Implied Total Supply Size is denominated by Basis Points (bps). In this market, 1 bps = 1 USDC in Total Supply Payment is the collateral required to enter into a position.

Step 3️⃣: Pick the orders you want to fill Let’s zoom in on the summary at the bottom. (Note: this will only appear after you select an order) Implied Total Supply is the weighted average of the orders selected. In this scenario, the buy positions are profitable if the Average Total Supply of USDC at the end of the pool is higher than 62.28056 Bn. For comparison purposes, the sell positions are profitable if the Average Total Supply of USDC at the end of the pool is lower than 62.28056 Bn. Min-max return is the range of payout amount you are able to claim at the end of the pool. For ongoing pools, the payout is estimated based on current Average Total Supply of USDC. In this scenario, the Max. Payout is 23.34 USDC. Total Payment is the sum of all the orders you’ve selected to fill. In this scenario, it is the sum of the first 2 orders’ Payment column. After you’ve confirmed and placed your order(s), simply wait till the pool ends to claim your payout!

Alternatively, you can choose to create a custom order under the “Create Order” section. Similar to filling an order in “Open Orders” outlined above, all parameters and their definitions are the same accordingly. After you’ve created your order(s), you’ll have to wait for other traders to fill it before your position is confirmed. ⚡️ Hot tip: Making your order competitive will have a higher chance of it getting sniped!

If your order has not been filled and it expires, it is likely that your order was not competitive enough for other traders. Don’t be discouraged — you’ve got an indication on market sentiment! The next step is to delve into market research and re-price your order. Want to level-up your trading skills? Try it out yourself ⤵️