V3 — Dex

: The native DEX for the Ronin network updated to V3 to improve efficiency and refine its rewards structure for the Axie Infinity ecosystem.

: By focusing capital where most trading happens, LPs can earn significantly more fees with less capital. Dex V3

: Focuses on cross-chain trading, decentralized limit orders, and integrated portfolio management tools to provide a more "CEX-like" (centralized exchange) experience. : The native DEX for the Ronin network

). In V3, liquidity providers (LPs) can choose specific price ranges to allocate their capital. : Unlike V2, where LP tokens were identical

: Built on the Uniswap V3 architecture, it introduces a modular incentive system where multiple protocols can layer rewards on a single liquidity pool.

: Unlike V2, where LP tokens were identical (ERC-20), V3 positions are unique and often represented as NFTs because every LP might have a different price range. Key Implementations and Features