How Concentrated Liquidity in Uniswap V3 Works
How Concentrated Liquidity in Uniswap V3 Works This article explains how Uniswap V3 implements concentrated liquidity. We assume the reader already understands Uniswap V2. To understand concentrated liquidity, we first need to precisely define liquidity, which itself depends on understanding the reserves. Reserve The reserve of a token is the balance of a specific tradeable […]