About AMMs (automated market makers):
Uniswap V3 introduced concentrated liquidity, allowing LPs to provide liquidity only within specified price ranges.
The larger the liquidity pool, the smaller the price impact of a trade of the same size. This is what people mean when they say, “the better the liquidity, the lower the slippage.”
$UNI 7.552（+5.99%）
#UNI
Uniswap V3 introduced concentrated liquidity, allowing LPs to provide liquidity only within specified price ranges.
The larger the liquidity pool, the smaller the price impact of a trade of the same size. This is what people mean when they say, “the better the liquidity, the lower the slippage.”
$UNI 7.552（+5.99%）
#UNI