Stablecoin Price Deviation Alerts

Stablecoin Price Deviation alerts inform users about significant price fluctuations or deviations in stablecoin values.

Stable Coin Price Change Alerts monitor stablecoin prices, such as USDC and DAI, and provide users with notifications in case of potential risks of depegging. This notification system is especially valuable for tokens like GHO, which depend on individuals tracking the token's price.

Users can take advantage of buy or sell opportunities when the token's price fluctuates, allowing them to maintain its value at $1. Subscriptions will notify users of these opportunities.

How to setup Stablecoin price deviation alerts

Under Signals section click on Add Subscription button under Stable Coin Price. The button is highlighted in black box in the screenshot below.

Clicking on Add Subscription button will prompt you to fill in essential fields to create a stable coin price alert subscription. Fill in the fields and click on Add button (located below the input fields). Please refer to the screenshot below.
Note: Description regarding the fields is provided below the screenshot.

Fields Description

Name: Name for the Alert.
Username: The username is a unique identifier displayed when alert is received.
Delivery Channel: This field outlines the chosen communication platform for receiving alerts. Currently Discord and Slack is supported.
Webhook: A webhook is a mechanism that allows automated messages to be sent from one system to another. Currently the discord and slack webhook is supported to receive notifications. You can find instructions on how to create a discord webhook here and slack webhook here.
Token Address: This is the stable token for which you wish to receive notifications.
Upper Price Threshold: If the price of the stable coin exceeds the specified upper threshold, you will receive a notification.
Lower Price Threshold: If the price of the stable coin falls below the specified lower threshold, you will receive a notification.

Upon clicking on the Add button, a subscription notification popup will be displayed on the lower left. See the snapshot below for reference.
An example of stablecoin price deviation alert received on Discord is provided below for your reference.

Last updated 11 months ago

How to setup Stablecoin price deviation alerts

Under Signals section click on Add Subscription button under Stable Coin Price. The button is highlighted in black box in the screenshot below.

Clicking on Add Subscription button will prompt you to fill in essential fields to create a stable coin price alert subscription. Fill in the fields and click on Add button (located below the input fields). Please refer to the screenshot below.

Note: Description regarding the fields is provided below the screenshot.

Fields Description

Name: Name for the Alert.

Username: The username is a unique identifier displayed when alert is received.

Delivery Channel: This field outlines the chosen communication platform for receiving alerts. Currently Discord and Slack is supported.

Webhook: A webhook is a mechanism that allows automated messages to be sent from one system to another. Currently the discord and slack webhook is supported to receive notifications. You can find instructions on how to create a discord webhook here and slack webhook here.

Token Address: This is the stable token for which you wish to receive notifications.

Upper Price Threshold: If the price of the stable coin exceeds the specified upper threshold, you will receive a notification.

Lower Price Threshold: If the price of the stable coin falls below the specified lower threshold, you will receive a notification.

Upon clicking on the Add button, a subscription notification popup will be displayed on the lower left. See the snapshot below for reference.

An example of stablecoin price deviation alert received on Discord is provided below for your reference.