Measuring the mechanism
Two markets.
One measured price.
Both $SYNC pools are read independently, then normalized into the same USDG reference using PAR's live on-chain
quote routes.
Divergence is the symmetric spread between those two values.
NET market
0.00021775 USDG
1 SYNC = 2.670000e-7 NET
live on-chain
USDG market
0.000217 USDG
1 SYNC = 0.0002170000 USDG
live on-chain
Current divergence
0.346%
D = 2|PNET − PUSDG| / (PNET + PUSDG)
derived from both live market prices
Market sync status
SYNCED
Fee-aware reference band: ≤ 4.37% · two-leg pool-fee floor ≈
4.12%
updated 04:31:32 AM
NET market volume
175.64 NET
1,415 trades · PAR indexed
USDG market volume
238,577.57 USDG
2,023 trades · PAR indexed
SYNC burned
12,445,076.04 SYNC
1B initial supply − current totalSupply()
Remaining supply
987,554,923.96 SYNC
live ERC-20 totalSupply()
Live methodology
Current prices and supply are on-chain observations; divergence and the status band are
derived.
The status band accounts for the two $SYNC pool fees, but does not pretend that routing cost, gas, inventory
risk or price impact are known exactly.
Historical re-sync events and arbitrage-associated volume will only be published after a full event backfill is
running.