ApeSwap has taken this opportunity to officially announce the release of ApeSwap V3. This makes use of the most recent industry benchmark strategy for focused liquidity. The scalability will provide advantages for both ApeSwap and its connected users in the form of a higher level of capital efficiency, which will, in turn, improve and broaden exposure for all parties involved.

In this case, the V3 placements have a regular pricing range. This will improve the entity’s ability to collect trading fees, provide liquidity providers greater control, and make swapping rates far more affordable for all connected users.

According to ApeSwap’s Head of Product, Obie Dobo, ApeSwap V3 is a move in the direction of capital effectiveness, while they stay busy with their work and focus on a sustainable DeFi. Furthermore, and in his opinion, there will be a ripple effect on the upgrades that the V3 has to offer. ApeSwap V3 is currently supported by BNB Chain, Polygon, Ethereum, Telos, and Arbitrum, making it a total of five chains. Each chain will employ its own technique to concentrated liquidity.

(by David Cox)