UniSwap V3 Explained – Concentrated Liquidity, Impermanent Loss, Slippage

Hey everyone,

I have written an explanation for Uniswap. It is my understanding from the Uniswap docs.

I cover protocol overview, concentrated liquidity, price impact and impermanent loss.

I also wrote a small python script which emulates a V3 swap to understand how concentrated liquidity works. I have included the script in the post.

Here is the link:

https://kushgoyal.com/uniswap-v3-expalined-concentrated-liquidity/

Open to feedback.

Cheers!