Trader Joe's Novel Take on Concentrated Liquidity

MAR 23, 2023 • 9 Min Read

Joo Kian Joo Kian
The authors have not purchased or sold any token for which the authors had material non-public infor

Joe’s Liquidity Book

Trader Joe recently launched v2 of its decentralized exchange (DEX), called Liquidity Book (LB). The LB design incorporates concentrated liquidity, akin to how Uniswap v3 (Uni v3) works, that enhances capital efficiency for liquidity providers (LPs) and reduces slippage for traders.

As a result, Trader Joe has been able t

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