A pool is a pair of reserves

The CRSN market uses a Uniswap v2 pool containing CRSN and wrapped ETH, or WETH. The launch deposit was 500 million CRSN plus 0.11 ETH. Those are historical starting reserves, not a promise about today’s pool.

In a constant-product pool, a purchase adds one asset while removing the other. As the reserves change, the exchange rate changes. The v2 pool charges a 0.3% swap fee. Uniswap explains the pool mechanism.

Spot value is a snapshot

Imagine dividing the ETH reserve by the CRSN reserve to get the pool’s current marginal ratio. Multiplying that ratio by a balance gives a spot estimate. It assumes that ratio applies to every token, even though a real swap changes the reserves.

Membership uses fixed token amounts and does not target a dollar price. The larger the purchase relative to the available pool, the greater the difference can be. A displayed portfolio total is also not a guarantee of what selling it would return.

An example from the launch reserves

Using the launch reserves and an illustrative ETH price of $2,681.375, 170 million CRSN has a spot value of about $100.28. Buying that entire amount from the original pool in one swap would cost about $152.40 before gas and interface fees. These are example calculations, not a current quote.

The pool simulator lets you change the size of the example trade. It makes the difference visible without connecting a wallet or submitting a transaction.

Price impact, slippage and fees

Price impact comes from the effect of your own trade on the pool. Slippage is the difference between the quote and what the transaction ultimately executes at. Other activity before your transaction is included can change the result. A slippage setting limits accepted execution movement; it does not create more liquidity or erase your trade’s impact.

Uniswap’s price-impact guide and slippage explanation describe these differences. The pool fee, network gas and any trading-interface charge are separate parts of the total cost. Our public holder tool estimates the pool calculation using a checked block. It does not provide a guaranteed executable quote or include every external charge.

Liquidity is not permanently guaranteed

The founder holds the initial liquidity position and can withdraw its pool assets, apart from the protocol minimum. CRSN has no liquidity lock. A fixed token supply does not prevent liquidity from shrinking, prices from changing or transactions from being expensive.

Check the current reserves, then review the actual transaction preview in Uniswap and your wallet. Read the allocation and liquidity disclosure if you want to inspect the original records.

CHECK YOUR UNDERSTANDING

Does increasing slippage tolerance remove your trade’s price impact?

Choose an answer. This is a learning exercise, not a badge requirement.