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TheBlock 2021-05-17 17:43:23

An Early Look at Uniswap v3 LP Activity

Quick TakeUniswap v3 launched on May 5th, 2021, and has grown to ~80% of v2’s trade volume after its first week-plus of operation.The main innovations in v3 are custom liquidity ranges, which provide increased capital efficiency to traders while increasing the complexity of market-making.It’s difficult to know how the dynamics between active LPs and those using semi-passive strategies will play out.

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