Ranges Explained

Pump.fun/v4 liquidity is concentrated: you choose a price range, and your capital only earns fees while the market trades inside it. Tighter range = more fees per dollar while in range, but you fall out of range sooner.

Ticks

Prices live on a grid of ticks; each pool has a tick spacing set by its fee tier. Every range you drag in Autliq snaps to valid ticks automatically.

In range vs out of range

• In range: your position holds both tokens and earns fees on every trade.
• Out of range: your position has fully converted into one token and earns nothing until price returns, or until you rebalance.

Impermanent loss

Because the pool sells your outperforming token as price moves, an LP position can be worth less than simply holding the tokens. Fees exist to compensate for this. Use the Playground's what-if slider to see the effect before committing real funds.