Liquidity

Pricing mechanism

INKY is priced through Automated Market Makers (AMMs) on PancakeSwap. Liquidity is split across two pools on BNB Smart Chain: a PancakeSwap v3 pool on the 0.25% fee tier and the original PancakeSwap v2 pool, which has no tiers and charges the protocol's fixed 0.25%. There is no order book and no centralized price feed. The price emerges directly from the ratio of assets in the pools.

How AMM pricing works

PancakeSwap v2 uses the constant product formula:

x * y = k

Where x is the INKY reserve in the pool, y is the USDT reserve, and k is a constant that only changes when liquidity is added or removed. The spot price of INKY at any moment equals the ratio of USDT to INKY in the pool:

Price (INKY/USDT) = USDT reserve / INKY reserve

When a trader buys INKY, they add USDT to the pool and remove INKY. This shifts the ratio and increases the price. When a trader sells INKY, the opposite happens: INKY enters the pool, USDT leaves, and the price decreases.

TradeEnters the poolLeaves the poolPrice
Buy INKYUSDTINKYGoes up
Sell INKYINKYUSDTGoes down

Either way the pool rebalances and k holds: only adding or removing liquidity changes it.

Price impact and slippage

Every trade moves the price. The size of that movement (price impact) depends on the trade size relative to the pool depth. Larger trades relative to the pool produce larger price shifts. Deep liquidity means smaller price impact per trade, which results in tighter spreads and more stable pricing.

Two trading venues

INKY can be traded in two ways:

VenueHow it worksWho uses it
In-app SwapPlatform executes internally. Fixed 3 USDT fee, no gas fee for the user. Price derived from on-chain pool state.Most users
PancakeSwap (direct)User connects an external wallet and swaps on-chain against the v2 or v3 pool. Standard PancakeSwap fees (0.25%) and BNB gas apply.Advanced users, external traders

Liquidity pools

INKY trades against USDT on two PancakeSwap pools. Depth depends on which side of the pair you look at: the v3 (0.25%) pool concentrates most of the INKY, while the v2 pool concentrates most of the USDT.

PairDEXSwap feePool addressCreated
INKY / USDTPancakeSwap v30.25% (tier)0xe2f729ea...May 2, 2026
INKY / USDTPancakeSwap v20.25% (protocol)0xe3a00d1a...May 17, 2023

v2 pool details: created May 17, 2023 at 18:36:19 UTC via tx 0x755859ef... by 0xa307cf9e... (Products Vault).

Live data:

Current liquidity

Total INKY/USDT liquidity across both pools is US$ 4.29M, refreshed through the day. Pool depth is publicly verifiable via the links above (GeckoTerminal, DEX Screener, PancakeSwap).

LP token status

The vast majority of v2 LP tokens (99.997%) are held by the Products Vault (0xa307cf9e...), an operational wallet controlled by Inkryptus rather than a smart contract, so the liquidity is not locked on-chain. v3 liquidity is held as concentrated positions (NFTs). Current distribution is verifiable on BscScan at each pool address above.

Other venues

INKY trades on PancakeSwap v2 and v3 only. There are no CEX listings at this time.


AMM and Liquidity Pools

Learn how automated market makers work and why liquidity matters.

Ilisasishwa mwisho