TVL, Marginal Price, and Liquidity in an AMM
TVL is a measure of capital. The marginal price is the current quote. Liquidity tells us how much trading it takes to move that quote.
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2026
2 recordsWhen Multiple Pools Behave Like One: Impact-Constrained Capacity Concentration in Uniswap v3
When Multiple Pools Behave Like One: Impact-Constrained Capacity Concentration in Uniswap v3