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