With no limit orders, how do decentralized exchanges set prices?
Uniswap V3 introduced concentrated liquidity, allowing liquidity providers to make markets within a specified price range.
When swapping on a DEX, set a slippage limit. If it’s too high, sandwich attacks can make you pay more.
$UNI is the governance token of Uniswap, which popularized AMMs. It’s currently at 6.966.
If you get it, leave a comment. If not, ask away!
Uniswap V3 introduced concentrated liquidity, allowing liquidity providers to make markets within a specified price range.
When swapping on a DEX, set a slippage limit. If it’s too high, sandwich attacks can make you pay more.
$UNI is the governance token of Uniswap, which popularized AMMs. It’s currently at 6.966.
If you get it, leave a comment. If not, ask away!