Strategy types
When you open a position in the dApp, you pick one of two shapes: Straight or Curved. This page explains both, plus the Full range tier and when each one tends to earn fees.
Concentrated (Straight)
Straight, in one minute
A Straight position quotes inside the price range you choose. Tighter ranges tend to earn more per unit of liquidity while price stays inside, and stop earning when it leaves. The Full range tier of Straight runs the XYC builder: the classic constant-product shape that never goes out of range.
Curved, in one minute
A Curved position is built for pairs that should hold near parity: stablecoin pairs and liquid staking tokens. You set a width around the peg instead of two prices.
Which shape for which job
- Volatile pairs, active LPs
- Straight with a chosen range
- Low-upkeep coverage
- Straight, Full range (XYC) tier
- Stables & parity assets
- Curved (pegged width)
The three shapes, side by side
| Straight, chosen range | Straight, Full range (XYC) | Curved (pegged width) | |
|---|---|---|---|
| When price leaves | Stops quoting and waits. Nothing is liquidated | Never out of range | Stops quoting outside the width and accumulates the weaker asset |
| Fee density | Highest inside a tight range | Lowest: liquidity is spread across every price | High near parity, tuned by the width |
| Upkeep | Watch the range as price moves | Low: no range to watch | Low while the peg holds |
| Typical pairs | Volatile pairs like ETH/USDC | Long-tail tokens and low-upkeep coverage | USDC/USDT and ETH liquid-staking tokens |