The Flywheel

Every trade pays 0.5%. Half goes to the market's creator; half accumulates here and gets swapped into ALETH and burned. Anyone can trigger the buyback — the caller keeps a cut for the gas.

ALETH burned
USDC spent on buybacks
$—
Pending fees in vault
$—
Paid to creators
$0
Execute buyback

Swaps up to $ of pending USDC into ALETH at the TWAP-guarded price and burns it. You earn $0 for calling it right now.

Caller reward 0% · minimum $ pending

Burn history

No buybacks executed yet.