Beginnervideo
⏱️ 30 min
Beginner Level Progress67%
Understanding the DLMM Basics
Deep dive into Dynamic Liquidity Market Maker (DLMM) technology and its benefits.
What You'll Learn
How the DLMM is different than a CLMM, the key unique features of the DLMM, what bins and bin steps are, the 3 basic liquidity shapes, and basic stacking strategy
- Understand DLMM vs CLMM differences
- Learn key DLMM features
- Master bins and bin steps
- Learn 3 basic liquidity shapes
- Understand basic stacking strategy
Key Insights
- Bins are the containers that hold liquidity
- Bin step is the difference in price between any 2 bins, defined by basis points
- 3 Basic liquidity shapes: SPOT, CURVE and BID-ASK