A liquidity position set within a specific price range on a concentrated liquidity DEX. Functions like a limit order that earns fees while waiting to execute. Falls out of range if price moves beyond bounds.
A liquidity position set within a specific price range on a concentrated liquidity DEX.
Functions like a limit order that earns fees while waiting to execute.
Falls out of range if price moves beyond bounds.
This is a key building block of decentralized finance. Understanding it helps you navigate DeFi protocols safely, evaluate yield opportunities, and avoid common pitfalls.