Cryptocurrency News

DEX aims to take on Uniswap with its concentrated liquidity bet

04/21/2022

Less than a minute

2022.04.21 15:26

DEX aims to take on Uniswap with its concentrated liquidity bet

Decentralized exchange (DEX) protocols have become a key part of the decentralized finance (DeFi) ecosystem where liquidity and liquidity providers play a pivotal role in keeping the vastly growing space moving.

While DEX protocols have seen billions in daily trading volume, the liquidity market is making a gradual shift from traditional liquidity methods toward concentrated liquidity. Earlier liquidity was distributed uniformly along the price curve between zero and infinity while in the new system liquidity is allocated within a custom price range.

04/21/2022

Less than a minute

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