minswap/market-cap

COPI on markets is $0.03 and minswap has conversion at 1 COPI = 0.18 ADA which doesn't equal market price of $.54 for ADA

rob4949 opened this issue · 1 comments

The current price of COPI token is $0.03 and I went to purchase this token, and on minswap it says that the price is .18ADA for 1 copi token. I purchased the ADA at $0.5416 per coin. If 1 copi token is 0.18 ADA, then that is $0.09 for a copi token
I appreciate your time and responses to help here. :-)
I looked up other tokens on Minswap and did the calculations and they come out to what the market prices are. I think something is incorrect with COPI in Minswap.
Screen Shot 2022-05-23 at 12 20 48 AM
Screen Shot 2022-05-23 at 12 19 50 AM

The current price of COPI token is $0.03 and I went to purchase this token, and on minswap it says that the price is .18ADA for 1 copi token. I purchased the ADA at $0.5416 per coin. If 1 copi token is 0.18 ADA, then that is $0.09 for a copi token I appreciate your time and responses to help here. :-) I looked up other tokens on Minswap and did the calculations and they come out to what the market prices are. I think something is incorrect with COPI in Minswap. Screen Shot 2022-05-23 at 12 20 48 AM Screen Shot 2022-05-23 at 12 19 50 AM

Hi, the COPI price on CoinMarketCap is from DEXes on BSC, so it's different from the market on Cardano (Minswap) because the bridge is not public so arbitrage is not possible