Too Long; Didn't Read
A real game-changing feature that has come up recently is concentrated liquidity. With concentrated liquidity mechanics, liquidity providers (LPs) can accumulate their capital to smaller price intervals than (0,∞) This enables higher capital efficiency and deeper liquidity for traders. As a result, traders are offered deeper liquidity around the mid-price, and LPs earn more trading fees. LPs can open as many positions in the pool as they wish, thereby creating unique price curves aligned with their personal needs and preferences.