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GlossaryCConcentrated Liquidity

Concentrated Liquidity

A DeFi mechanism allowing liquidity providers to allocate capital within specific price ranges for higher efficiency.

What is Concentrated Liquidity?

Introduced in Uniswap v3, concentrated liquidity lets providers set custom price bounds, like $4,400-$4,800 for ETH/USDC, concentrating capital where trading occurs and earning up to 400x more fees than uniform models. This mimics limit orders, deepening liquidity at key levels.

Benefits include reduced capital requirements; a $1 million position can provide equivalent depth to $4 billion in v2. However, it amplifies risks if prices exit the range, rendering positions inactive.

Adopted by ZetaChain and Pontem, it supports multi-asset pools and has facilitated $750 billion in event volume on v3 by 2023.

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