Coin Pair
Last updated
Last updated
In Crescent DEX, anyone can create a pair of two coins, which is an ordered pair. The ordered coin pair is unique in Crescent DEX, which means only a single pair of a given ordered coin pair is allowed. For example, Crescent DEX can have only one pair for A-B coin pair consisting of Coin A and Coin B. Crescent DEX can also have B-A coin pair, which is different from A-B coin pair.
The base coin is the first coin that appears in a coin pair quotation. Consequently, the second coin appeared in the pair is a quote coin.
Example
In the pool of
bCRE-CRE, the base coin isbCREwhile the quote coin isCRE. The pool price1.133means, the base coin1 bCREis traded against the quote coinCREand exchanged for1.133 CRE.
