The DLMM – Dynamic Liquidity Market Maker –  takes the concept of a CLMM a step further.

In a CLMM you can concentrate your liquidity into a specific price range, but it is flat. The liquidity is distributed evenly across all the price points in your range.

The DLMM allows you to shape that liquidity into even more capital efficient ways.

It has additional features too:

• Single sided liquidity deployment – you can deposit only one of the tokens instead of both if you wish
• Dynamic Fees – The fee you earn on swaps can increase, dynamically, based on how volatile the token is, which helps to overcome losses
• Zero slippage bins – Slippage can be painful for a trader, especially when they get less of a token than they were trying to buy. Any swaps that happen within the same bin do not suffer from slippage, making the trade more desirable to be routed through your pool
• Implementation of different strategies – mix them up to shape it your way!