Dex — V3

: Because price ranges are specific, LPs must actively monitor and "rebalance" their positions if the market price moves outside their chosen range.

Several major DeFi projects have adopted or expanded on the V3 architecture: Dex V3

: The native DEX for the Ronin network updated to V3 to improve efficiency and refine its rewards structure for the Axie Infinity ecosystem. : Because price ranges are specific, LPs must

At its core, a DEX V3 protocol introduces "Concentrated Liquidity." In previous versions (V2), liquidity was spread evenly across an infinite price range (from ∞infinity : Because price ranges are specific

: By focusing capital where most trading happens, LPs can earn significantly more fees with less capital.