Uniswap v3 turns out to be very different from Uniswap v2. Although Uniswap v3 pools also have two tokens and use a constant product formula, Uniswap v3 introduces a new concept that is called concentrated liquidity. The main idea of this feature is that liquidity providers can provide liquidity in a chosen price range and implies that the reserves of each position are just enough to support trading within its range. When the price goes ...
© The Author(s), under exclusive license to APress Media, LLC, part of Springer Nature 2023
M. Ottina et al.Automated Market Makershttps://doi.org/10.1007/978-1-4842-8616-6_55. Uniswap v3
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Rivadavia, Argentina
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Aarhus, Denmark
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New York, NY, USA
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