This article is about blockchain news, trading news, and technology news.
Crypto liquidity pools are cryptocurrency funds secured by smart contracts that facilitate trading and other financial transactions in the decentralized finance (DeFi) ecosystem. Provided by liquidity providers (LPs), these funds allow users to trade the pool’s liquidity directly, eliminating the need for traditional order books.
Liquidity pools are critical to the growth and accessibility of DeFi. However, fake liquidity pools pose fraud risks. Share your thoughts on this in the comments.