Uniswap
Compared with V2, Uniswap V3 focuses on the maximization of capital efficiency. The defining idea of Uniswap v3 is concentrated liquidity: liquidity that is allocated within a custom price boundary. Users can concentrate the capital efficiency in the most frequent trading range to get the maximum benefit. At the same time, V3 also brings Multiple fee tiers, Range Orders, Advanced Oracles and other functions to serve LPs, traders, and third-party application developers.
Compared with V2, Uniswap V3 focuses on the maximization of capital efficiency. The defining idea of Uniswap v3 is concentrated liquidity: liquidity that is allocated within a custom price boundary. Users can concentrate the capital efficiency in the most frequent trading range to get the maximum benefit. At the same time, V3 also brings Multiple fee tiers, Range Orders, Advanced Oracles and other functions to serve LPs, traders, and third-party application developers.