What is Uniswap V3?
This article is translated from Chinese and published with the permission of the author Pan. It was first published on 24 Mar 2021. The views expressed herein are those of the author and do not represent the views of DeGate. The views expressed are not to be taken as financial advice. We thank Pan for his kind sharing. We appreciate all the support from Bihu.com and ChainNews.
Uniswap has launched its long-anticipated automatic market maker (AMM) version 3.0, and jointly released a white paper on the subject with Paradigm researchers. Uniswap V3 introduces a granular control feature called “concentrated liquidity” onto the AMM price curve. It achieves up to 4000x capital efficiency compared to the existing protocol.