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Concentrated liquidity market makers (CLMMs) are a relatively new concept in the world of decentralized finance (DeFi)
Unlike traditional market makers, who provide liquidity across a wide range of assets, CLMMs concentrate on a single asset or a small group of highly correlated assets. They use advanced algorithms and trading strategies to optimize their liquidity provision and minimize their exposure to risk.
Overall, CLMMs represent an exciting development in the world of DeFi, providing new opportunities for efficient and effective liquidity provision.