Concentrated Liquidity

Learn about manual concentrated liquidity positions powered by Algebra Integral v4 for advanced traders and liquidity providers.

Quick Start (TL;DR)

What is Manual Concentrated Liquidity?

Manual concentrated liquidity gives you complete control over your liquidity provision strategy. Instead of relying on automated management, you personally choose the exact price ranges where your capital is active, when to rebalance, and how to optimize your positions.

This approach is powered by Algebra Integral v4, one of the most sophisticated AMM engines available, providing institutional-grade features for advanced users.

Precision Control

Your decisions: Set exact price ranges based on your market analysis, risk tolerance, and yield expectations. No algorithms making choices for you.

Maximum Efficiency

Capital optimization: Concentrate your funds precisely where you expect trading to occur. Potentially 1000x more capital efficient than traditional AMMs.

Strategic Advantage

Market insights: Use your knowledge of market trends, news, and technical analysis to position liquidity for maximum returns.

Full Customization

Your strategy: Implement complex strategies, experiment with different approaches, and adapt quickly to changing market conditions.

How Algebra Integral v4 Powers Manual Positions

Thirdfy's manual concentrated liquidity is built on Algebra Integral v4, providing advanced AMM technology:

Advanced Technical Features

Dynamic Fee Structure Fees automatically adjust from 0.01% to 1% based on market volatility. During high volatility periods, fees increase to compensate for impermanent loss risk. During stable periods, fees decrease to encourage more trading volume.

Active Liquidity Tracking The protocol precisely tracks which liquidity is "active" (within the current trading price) and only rewards active positions. This ensures fair distribution and prevents gaming.

MEV Protection Built-in protections against sandwich attacks, front-running, and other forms of MEV exploitation, ensuring fairer outcomes for liquidity providers.

Gas Optimization Advanced algorithms minimize gas costs for position creation, management, and fee collection operations.

Flexible Tick Spacing Choose from multiple tick spacings to match your strategy - tighter spacing for precise range control or wider spacing for lower gas costs.

Creating Manual Positions: Step-by-Step

Ready to create your first manual concentrated liquidity position? Here's the complete process:

1. Choose Your Trading Pair

Select the token pair you want to provide liquidity for. Consider:

  • Trading volume - Higher volume = more fee opportunities
  • Volatility - Affects fee rates and rebalancing frequency
  • Your holdings - Use tokens you already own to avoid swap costs
  • Market outlook - Choose pairs where you have strong market views

2. Analyze the Market

Before setting ranges, research:

  • Historical price action - Where has most trading occurred?
  • Support/resistance levels - Natural boundaries for your ranges
  • Current market conditions - Bull/bear market affects optimal strategies
  • News and events - Upcoming catalysts that might affect price

3. Set Your Price Range

Define your liquidity boundaries:

  • Minimum price (lower tick) - Where you stop earning fees below
  • Maximum price (upper tick) - Where you stop earning fees above
  • Range width - Narrower = higher fees but more management needed
  • Current price position - Where current price sits within your range

4. Calculate Token Ratios

The protocol automatically calculates required token amounts based on:

  • Your chosen price range
  • Current market price
  • Desired liquidity amount
  • Available token balances

5. Deploy Your Position

Submit the transaction to create your position. You'll receive an NFT representing your unique liquidity position with its specific parameters.

6. Monitor and Manage

Track your position performance:

  • Fee earnings - Accumulated trading fees
  • Price movement - How close current price is to your range boundaries
  • Volume trends - Whether your range is capturing trades
  • Impermanent loss - Temporary value changes due to price divergence

Position Management Strategies

Successful manual liquidity provision requires active management. Here are proven strategies:

Range Selection Strategies

Wide Ranges (Conservative)

  • Pros: Less rebalancing needed, lower gas costs, more stable returns
  • Cons: Lower capital efficiency, fewer fees per dollar deployed
  • Best for: Beginners, volatile markets, long-term holders

Narrow Ranges (Aggressive)

  • Pros: Maximum capital efficiency, higher fees when active
  • Cons: Frequent rebalancing needed, higher gas costs, more complex
  • Best for: Experienced users, stable markets, active managers

Multiple Positions

  • Strategy: Create several positions with different ranges
  • Benefits: Diversified exposure, different risk/reward profiles
  • Management: Each position managed independently

Rebalancing Techniques

Threshold Rebalancing

  • Rebalance when price approaches range boundaries (e.g., 80% to edge)
  • Proactive approach prevents going out of range
  • Higher gas costs but maintains earning potential

Boundary Rebalancing

  • Wait until price exits your range completely
  • Lower gas costs but periods of zero earnings
  • Suitable for less active management styles

Profit Taking

  • Periodically claim accumulated fees
  • Compound fees back into positions or diversify
  • Balance between growth and risk management

Advanced Features and Tools

Maximize your manual liquidity success with these advanced capabilities:

Position Analysis Tools

Backtesting

  • Analyze how your strategy would have performed historically
  • Test different range widths and rebalancing frequencies
  • Optimize before deploying real capital

Fee Calculators

  • Estimate potential returns based on historical volume
  • Compare different ranges and strategies
  • Account for gas costs and rebalancing frequency

Impermanent Loss Tracking

  • Monitor temporary value changes due to price divergence
  • Understand when IL is offset by fee earnings
  • Make informed decisions about position adjustments

Integration Options

Ecosystem Participation While manual positions don't currently receive TFY emissions, you can still participate in the broader Thirdfy ecosystem:

  • Convert earnings to TFY/xTFY for governance participation
  • Stack strategies by providing manual liquidity AND staking xTFY
  • Future integration planned as the system evolves

Manual vs Automatic: When to Choose Each

Understanding when manual concentrated liquidity makes sense for your situation:

Choose Manual When:

✅ You want full control over ranges
✅ You have strong market predictions
✅ You enjoy active position management
✅ You want to experiment with strategies
✅ You're experienced with DeFi
✅ You have time for regular monitoring
No TFY emissions currently available

Choose Automatic When:

✅ You want hands-off management
✅ You prefer professional optimization
You want access to TFY emissions 🔥
✅ You only have one token to deposit
✅ You're new to concentrated liquidity
✅ You want to avoid swap costs

Risk Management

Manual concentrated liquidity requires understanding key considerations:

Impermanent Loss

  • What it is: Temporary value reduction when token prices diverge
  • Mitigation: Choose correlated assets, monitor closely, adjust ranges strategically

Position Management

  • Active monitoring: Positions require regular attention and potential rebalancing
  • Range optimization: Wrong range settings can impact returns
  • Best practices: Start small, use available tools, maintain disciplined strategies

Gas Optimization

  • Rebalancing costs: Frequent adjustments require gas fees
  • Efficiency tips: Batch operations when possible and time transactions optimally

Getting Started

Ready to try manual concentrated liquidity? Here's your path:

Create Your First Position

Start simple: Choose a stable pair like ETH/USDC with a wide range to learn the mechanics before advancing to complex strategies.

Use Analysis Tools

Get informed: Leverage built-in tools to analyze potential returns, backtest strategies, and optimize your approach.

Learn From the Community

Join discussions: Connect with other manual liquidity providers to share strategies, tips, and market insights.

Best Practices Summary

Maximize your success with manual concentrated liquidity:

Range Selection

Research first: Use historical data and market analysis to choose ranges where you expect significant trading activity.

Active Monitoring

Stay engaged: Check positions regularly, especially during volatile periods. Set alerts for when price approaches range boundaries.

Risk Management

Diversify wisely: Don't concentrate all capital in one narrow range. Use multiple positions with different risk profiles.

Continuous Learning

Improve constantly: Track performance, learn from mistakes, and refine your strategies based on experience.


Ready to Take Control?

Manual concentrated liquidity offers maximum control for experienced DeFi users:

New to concentrated liquidity? Consider starting with Automatic Pools to learn the concepts before moving to manual management.