The decentralized exchange protocol (DEX), has become an integral part of Decentralized Finance (DeFi), where liquidity and liquidity providers are crucial in maintaining the space’s ever-growing movement.

DEX protocol has seen huge daily trading volumes. However, liquidity markets are gradually shifting away from traditional liquidity options to more concentrated liquidity. In contrast to the old system, liquidity was allocated uniformly across the price curve from zero to infinity. The new system allocates liquidity within a specific price range.