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Research, size, and open a position
Finding and researching a pool
Trending ranks tokens whose volume is surging right now. Established ranks the biggest caps that still trade. A token can have several pools — V3, V4, ETH or USDG quotes, multiple fee tiers.
Impermanent loss, properly
As price moves, your mix of the two assets shifts. That's not a fee — it's the inventory change of being the other side of every trade. Wide ranges move slower. Narrow ranges earn more while price stays inside them.
The three shapes
Spot spreads liquidity evenly across your range. Curve concentrates it around the current price. Bid-Ask leans inventory toward one side of the book. Pick the shape that matches how you want to sit in the market.