Tips for Maximizing Your DataDex Experience
Tips for users
Understand Concentrated Liquidity:
Learn how price ranges work and how they affect your potential earnings.
Monitor your positions and adjust ranges based on market movements.
Research Tokens:
Assess the liquidity, volatility, and market trends of tokens before trading or providing liquidity.
Manage Risk:
Start with a small amount to learn the platform.
Use a broader price range or full-range liquidity if you’re unfamiliar with active liquidity management.
Monitor Your Positions:
Regularly check if your liquidity position is within the active trading range.
Reallocate if needed to maximize returns.
Last updated