mev-toolkit/uniswap/uniswap-v3
dr. mia von steinkirch, phd f2116779ec
Update just-in-time.md
2023-02-07 19:47:06 -08:00
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just-in-time.md Update just-in-time.md 2023-02-07 19:47:06 -08:00
README.md Update README.md 2023-02-07 19:44:17 -08:00

uniswap v3


tl; dr


  • uniswap v3 introduced:

    • concentrated liquidity and non-fungible liquidity:
      • replacing fungible ERC20 liquidity positions with non-fungible ERC-721 liquidity positions.
      • individual LPs get granular control over what price ranges their capital is allocated to.
      • individual positions are aggregated together into a single pool, forming one combined curve for users to trade against.
    • multiple fee tiers: allowing LPs to be appropriately compensated for taking on varying degrees of risk.
    • range orders: lps can deposit a single token in a custom price range, above or below the current price.
    • improvements to the TWAP oracle: possible to calculate any recent TWAP within ~9 days in a single on-call chain.
  • new strategies:

    • creating and closing LP positions can be a form of trading. range orders can be used as either buy-limit or take-profit orders.


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