I think a lot of people are underestimating the announcement @MeteoraAG made today. This is an update I have myself been waiting for over 1.5 years now — not just “waiting”, but actively promoting. It will profoundly change how LPs operate and is VERY significant. @MeteoraAG announced today that Dynamic Positions, containing over 69 bins (up to 1400) is going live this week. For all this time, while DLMM is undoubtedly a leader in meme-LP and LP in general, the bin limit of 69 has been a big constraint for LPs. Why? There are several reasons. Let’s go from least to most important. 1) Managing 10 positions in a single pool, even if created in one click is difficult even if you a pro, and it really discourages LPs from making low-bin step pools. 2) Strategies like Bid-Ask and Curve worked quite badly with multiple positions, not extending correctly. 3) The MOST important reason. Because of the limit and reasons above LPs have been limited to creating 100/80/50 bin step pools and rarely using 20 bin step. It is widely known that larger bin steps make liquidity less efficient (visit for explainers). Other CLMMs, probably because they are less complex overall have lower tick spacing by default (not sure what it actually is, but I speculate 5-10 bin step) had an advantage in this (but still being not as good overall). This means that this advantage is no more — and Meteora pools now have all the cards. It is also important to get new bin step-fee combos, but more about it next time. Overall, the fact that we now can create much more efficient pools without sacrificing range or them being too complex to manage is absolutely mind-boggling. @met_lparmy will benefit TREMENDOUSLY and Solana liquidity will become so much more efficient. Looking forward to making a more comprehensive explainer and test once it is out!