Synthswap Overview
- What is Synthswap?
Synthswap is a DEX operating on the Base layer, known for its low trading fees and efficient market mechanisms like Concentrated Liquidity and Active Liquidity Management. It allows users to trade various coin pairs without intermediaries, providing liquidity providers with rewards from trading fees, thus incentivizing them to maintain a deep liquidity pool.
- Main Features
- Fast and cheap transactionsEarn fees by providing liquidityAutomatic rebalancing of liquidityFutures TradingVarious integrated dApps
- Blockchains
- Base
Frequently asked questions
This feature allows people who provide funds (liquidity providers) to a trading platform to focus their money in specific price ranges where they think most trades will happen. This can help them make more money from fees collected on trades within that range, but it also means they might not make money if the prices move outside this range.
This is a tool that helps those providing funds to automatically adjust where their money is placed within the trading platform. It moves their funds to different price levels to try to always catch the most trades and fees, sort of like automatically updating their investment to where it can earn the most based on current market conditions.
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