Price range
A price range is the lower-to-upper price band you commit liquidity to in a concentrated-liquidity pool. Your position only earns fees while the market price sits inside this band; narrower ranges earn more per dollar but exit range faster.
Setting a range is the core decision when LPing on Uniswap V3. Tighter ranges concentrate capital for higher fee yield but demand frequent re-centering; wider ranges earn less per dollar but stay in range longer and incur less impermanent loss.
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