V3: Dex

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

: Unlike V2, where LP tokens were identical (ERC-20), V3 positions are unique and often represented as NFTs because every LP might have a different price range. Key Implementations and Features Dex V3

AI responses may include mistakes. For financial advice, consult a professional. Learn more : Because price ranges are specific, LPs must

Several major DeFi projects have adopted or expanded on the V3 architecture: : Because price ranges are specific