Friday, July 21, 2023

Cryptocurrency / math / trading pop-answer: KUJI/stATOM

This is the answer to the KUJI/stATOM trading/arbitrage pop-quiz.

  1. Total number of $stATOM traded? $stATOM sold: 11.8622
  2. Total number of $KUJI bought? KUJI bought: 297.3399
  3. What is the average stATOM/KUJI-ratio? ratio: 0.03989
  4. Compute average $KUJI price from $stATOM price of $10.846. KUJI discount price: 43.2¢
Given $KUJI's price is currently 73¢
  1. Did I buy $KUJI at a discount? If so, what percent did I save? KUJI discount: 40.9% 😱
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