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DLMM Mechanics
Deep dive into Dynamic Liquidity Market Maker (DLMM) technology and its benefits.
15:42
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Course Overview
In This Lesson
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
Understand the different types of fees
Technical Core
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
Pools and bins contain everyone's liquidity and cannot be destroyed
Dynamic fees are based off volatility of the token