Do I need to hold both tokens to provide liquidity on CenturionDEX v3?#
CenturionDEX v3 supports adding liquidity with a single token when the position's price range is outside the current token price.
CenturionDEX v2 does not allow adding liquidity with a single token. Providers must hold both tokens and contribute an equal value of each to add liquidity.
CenturionDEX v3 lets providers add liquidity without holding both tokens, but only when the position's price range is outside the current price. Positions with a range outside the current price are known as out of range and single-sided.
Example of a position that is out of range:
- Current market price: 3,727.08
- Position's price range: 2,702.70 to 2,858.36
When the position's price range does not include the current price, providers can add liquidity using only one token.
Example of a position that is in range:
- Current market price: 3,732.51
- Position's price range: 3,662.83 to 3,800.89
When the position's price range includes the current price, providers must hold both tokens to add liquidity.