⚡
ION Finance doc
  • ⚡WELCOME TO ION FINANCE
    • What is ION Finance?
    • What can I do on ION Finance?
    • Why is ION Finance Different?
    • Constant Product Market Maker (CPMM)
    • Hybrid Orderbook Automatic Market Maker (AMM)
  • ⁉️FAQ
    • What unique features does ION Finance offer to its users?
    • How does the <<Convert>> feature work on ION Finance?
    • Can you explain the concept of <<Bins>> on ION Finance?
    • What are the benefits for liquidity providers (LPs) on ION Finance?
    • How does ION work within the DeFi space?
    • What is AMM?
    • What is Slippage?
  • 💡Guidelines
    • Create a wallet!
    • For Traders
      • 🔄How to use <<Convert>>
      • 💹How to use <<Trade>>
    • For Liquidity Providers
      • 💰How to use <<Earn>>
      • 🖼️How to use <<Portfolio>>
    • Creating a liquidity pool
  • 📖Concepts
    • Order book
    • Bin
    • Liquidity Provider
    • Liquidity Concentration
    • LP Token
    • Implementing Limit Orders
  • 📜Whitepaper
    • ION Finance Whitepaper
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  1. FAQ

Can you explain the concept of <<Bins>> on ION Finance?

On ION Finance, a <<Bin>> 🗑 represents a mini-market within the order book, where each bin has a fixed exchange rate between two assets. These bins collectively facilitate the trading of token pairs at different prices. An active bin is where the current trading occurs, and as trades are executed, liquidity can move from one bin to another to complete transactions.

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Last updated 1 year ago

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