The price of LUV
The Uniswap buy quote for one trillion LUV, from the pair. ·
The emotonomic dial
Measured feeling: momentum, the 24-hour change, pool depth from the seed, and the buy share of the last day, equal-weighted on a dial from fear to LUV. Revealed acts only, never self-report. A proposed instrument, specified in Measured feeling.
For every trade as a table, candles by other vendors, and the pair itself: Uniswap, Dexscreener, Etherscan. Also in-house: the Bitcoin rainbow. The raw data this chart draws from: market.json, market-history.json, market-trades.json.
There is no listing price and no market maker. The pool is the price.
A Uniswap V2 pair holds two reserves and keeps their product constant. The price of LUV in ETH is simply the ETH reserve divided by the LUV reserve. Every buy takes LUV out and puts ETH in, so the ratio rises; every sell does the opposite.
price = reserveETH ÷ reserveLUV
The pool was seeded at the protocol maximum, 2¹¹²−1 wei of LUV against 0.0519 ETH. Everything since is the market's own doing. The "×" figure above is today's price divided by that seed.
One LUV is a very small fraction of a very large supply, so its dollar price is a long string of zeros. A trillion LUV is one hundred-thousandth of the supply, a sensible thing to hold, and the unit the free gesture was given in. So the site quotes USD per trillion, and the wallet-native unit is wei per LUV, which is exact.
Every trade through the pair carries a 5% fee, taken in LUV by the token contract: 3% to holders, 1% to the pool, 1% to the team. Your quote therefore lands about 5% below the raw pool price, and a young pool moves further while your order fills. Slippage at 10% covers both; lower settings fail.
The 1% liquidity point is added to the pool, so every trade leaves the pair deeper than it found it: less price impact per exit for everyone who remains. The 3% reflection point shrinks the reflected supply, so every holder's balance ticks up in the same block the trade lands.
Once a minute, luv.oracle reads the pair's reserves straight from an Ethereum node and computes the price. ETH/USD is the median of the USDC/WETH pair, the DAI/WETH pair and one external mirror, so no single feed can move it. Every measurement records the block it was read at. Aggregators are enrichment; the pair is the source.
Buys and sells, and nothing else. There is no team wallet selling into the pool: the treasury's LP is locked, the team's fee share arrives as ETH from the fee engine, and the marketing and community allocations are earmarked and listed on the open list until they are locked. The pool is thin today, which means the price moves a lot per trade in both directions, and every trade permanently deepens it.