Module 2 · Lesson 8 · 9 min

Liquidity Pools

What you'll be able to do

  • Explain how a two-token pool prices trades with x × y = k and what an LP token represents.
  • Calculate impermanent loss for a price change and compare it with the fees a position earns.
  • Judge a pool by its volume, fee tier, the pair's volatility, any price range, and its contract risk.

This course is for members.

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