Part of the new reality of V3 is active liquidity management to stay in active tick ranges

Most Efficient Pools

This table might seem boring, but don't skip it! The most efficient pools are also the ones where there is a lot of earning potential for LPs...

Capital Efficiency

The ability to concentrate liquidity in V3 brings with it the promise of more efficient pools, capable of supporting a higher volume of trades per unit of liquidity. Let's break this down by looking at the ratio of swap volume to TVL over time.

Positions

So are people (fine, addresses, yes I know) making money? How much money? Let's find out! 🐴

Swaps

Swap volume matters too, eh? Let's see it! And so much more capitally efficient and stuff!

Here's a view of how much is added and removed from liquidity positions by hour to go along with that TVL plot.

Now let's compare virtual liquidity to gross. I have checked this so many times against the reads and the decimals for the underlying assets, and it appears that the virtual liquidity for these large stablecoin only pools is indeed in the many billions.

The difference between virtual and actual liquidity reflect the increased capital efficiency in v3, as well as the considerable bump in rewards that LPs are seeing on their positions.

Liquidity

If you want to use this and our other data, get yourself a free velocity account at Flipside

Let's start with the fun one: overall TVL. This is how much liquidity resides in Uniswap V3 pools, according to contract reads, and my attempts to get prices for as many of the underlying assets as possible (We just need the price of one underlying asset and then we can use the liquidity ratio to convert the asset with the missing price).

You can explore the differences in this table more directly..