A surprising outcome of the Uniswap V3 design is the possibility of executing range orders. Both take-profit orders (sell asset X once it hits a high-enough price) and buy limit orders (buy asset X once it hits a low-enough price) are possible. One of the feedback points on our recent…

Earlier this week, I wrote about how to derive the Impermanent Loss formula for Uniswap V1 and V2. We will use the same approach to calculate Impermanent Loss for Uniswap V3 and concentrated liquidity positions. Impermanent loss is a popular concept when it comes to automated market makers (AMMs) like…

Impermanent loss is a popular concept when it comes to automated market makers (AMMs) like Uniswap. As a liquidity provider, your position may fall in value with respect to either asset (before fees) and impermanent loss is often defined as the percentage loss an LP would experience for a given…

The V2 to V3 jump in Uniswap has opened up liquidity providers to more choices. These choices in turn create opportunities for active strategy managers. Projects like Visor, Charm, Lixir and others are looking to manage liquidity on behalf of users, hoping to retain the ergonomics of V1 and V2…

DISCLAIMER. As new types of vulnerabilities and tools emerge, we will continue to adapt this framework. Please check back with us to see the latest updates. Smart contract security is often approached as a black-box process with a binary answer — “secure” or “vulnerable”. …