How the $1 reference is held

Explanatory page. Nothing here executes a trade — alignment happens in your own wallet on the venue.

1 DTL ≈ 1.00 USD is a reference value, not a promise. It is held by transparent reserves and by arbitrage on Stellar liquidity pools: when a pool prices DTL below the reference, buying the cheap side moves it back up; when it prices DTL above, the opposite happens.

There is no redemption right and no guarantee. DTL is not e-money and not a bank deposit.

Reading on-chain data…

Aligning a pool, step by step

  1. 1.Read the implied price above and check the deviation badge.
  2. 2.If deviation is above 10%, stop. Do not deposit — first trade the underpriced side back toward the reference.
  3. 3.Buy the underpriced side on the venue, in your own wallet. This terminal never signs anything.
  4. 4.Once deviation is small, deposit equal USD value on both sides so the pool ratio stays at the reference.
  5. 5.Re-read the pool. Alignment is iterative, not a single transaction.