**📈 Discover the magic behind [Veax Labs](https://veax.com/) Concentrated Liquidity!** -- Dive into the world of price tick management that drives efficient trading. Learn **[how price ticks and boundaries shape the game in this article breakdown](https://t.co/5aAwHiwwzV)** [Veax Labs](https://veax.com/) is an advanced #DEX with concentrated liquidity built on the #NEAR protocol. - - **Veax** uses a system called Concentrated Liquidity, where traders and liquidity providers (people who provide funds for trading) can concentrate their funds within specific price ranges instead of spreading them out evenly. This helps to use the money more effectively and potentially make more profit. - **Veax** uses "price ticks" to control price ranges. These ticks are like small steps in prices, ranging from low to high. They set limits for where funds can be used, like a fence for land. Each tick shows a tiny price change. Just as a thermometer measures hot and cold temperatures, these ticks measure small and big price changes. - The system works for stable pairs (little price change) and unstable pairs (big price change). In stable pairs, funds can be closely focused, and positions managed easily. In unstable pairs like Bitcoin to USDT, prices change a lot, so there's more risk. This might lead to higher fees for traders because they could lose money if prices change too much. **[Full article](https://t.co/5aAwHiwwzV)** #Web3 #CryptoTrading #DeFi #CRYPTO