StableSwap Pool
Obelisk — StableSwap
Low-slippage stable-to-stable trading. Curve-style invariant keeps prices tight.
Why StableSwap
When two assets should trade at ~1:1 (USDC, USDT, DAI), the Curve StableSwap invariant keeps slippage near zero inside a tight band. Only when the basket drifts out of balance does the curve steepen — which creates an arbitrage incentive to rebalance.
LP positions
Your Obelisk LP NFT represents a share of every stable in the pool. If the basket drifts, you might withdraw a different mix than you deposited — but at roughly the same total USD value plus accrued fees.