> For the complete documentation index, see [llms.txt](https://docs.ht.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.ht.xyz/hypertrade-dex/dual-liquidity-models.md).

# Dual Liquidity Models

Hypertrade DEX supports:

* v3 pools, which allow LPs to concentrate liquidity within a chosen price range and earn fees only when the market trades inside that range
* v2 pools, which use the constant-product formula (x·y = k) and provide continuous liquidity across the full price curve

This allows LPs to choose between:

* a more efficient, targeted model (v3)
* a passive, broad-liquidity model (v2)


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