TheTrade – Innovative toolkit Built on Uniswap V3 Liquidity
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Uniswap, launched in 2018, pioneered the AMM (Automated Market Maker) model of DEX. Anyone could be a market maker by depositing assets into a pool and earning fees based on the amount of trading activity due to Uniswap. Although the DEX market became very competitive due to the entrance of numerous players, Uniswap kept on getting the attention of the market participants because of its continuous innovations and robust security. The platform is the most popular destination for DEX traders nowadays and dominates 50-60% of DEX trading. The v3 of Uniswap was launched in May 2021 with an ambition to become more capital efficient. This third version brought a lot of new features to Uniswap. It introduced fee tiers and liquidity concentrations. In Uniswap v3, you can set a certain price range where you provide liquidity. It decreases impermanent loss tremendously and also makes the protocol more attractive from the composability point of view. AMMs are really excellent for doing permissionless trading but what about the depth of liquidity? A
TheTrade – Innovative toolkit Built on Uniswap V3 Liquidity
TheTrade – Innovative toolkit Built on…
TheTrade – Innovative toolkit Built on Uniswap V3 Liquidity
Uniswap, launched in 2018, pioneered the AMM (Automated Market Maker) model of DEX. Anyone could be a market maker by depositing assets into a pool and earning fees based on the amount of trading activity due to Uniswap. Although the DEX market became very competitive due to the entrance of numerous players, Uniswap kept on getting the attention of the market participants because of its continuous innovations and robust security. The platform is the most popular destination for DEX traders nowadays and dominates 50-60% of DEX trading. The v3 of Uniswap was launched in May 2021 with an ambition to become more capital efficient. This third version brought a lot of new features to Uniswap. It introduced fee tiers and liquidity concentrations. In Uniswap v3, you can set a certain price range where you provide liquidity. It decreases impermanent loss tremendously and also makes the protocol more attractive from the composability point of view. AMMs are really excellent for doing permissionless trading but what about the depth of liquidity? A