Price ranges
How a concentrated position changes as the market moves.
Full range
A full-range V3 or V4 position uses the widest usable ticks for the pool’s tick spacing. It can remain active over a broad set of prices, but it distributes liquidity less efficiently than a concentrated range.
Full range does not mean fixed value or fixed token amounts. Trading changes the composition of the position as the relative price of its assets moves.
Around the current price
The focused preset creates a range around the current tick, rounded to the pool’s supported spacing. It concentrates liquidity where trading is currently happening but can leave the active market as prices move.
Once price leaves the range, the position normally becomes entirely one asset and stops earning ordinary trading fees until price re-enters. A price crossing does not automatically close or rebalance your position.
Single-sided positions
A concentrated position entirely outside the current price can require only one asset. That is different from a single-asset deposit that swaps part of the input before minting liquidity.
Flea’s standard paired-asset flow does not promise an automatic swap. The amount preview identifies the assets actually required by the selected range.
Changing a range
A position’s tick boundaries are fixed when it is minted. To use a different range, liquidity must be removed and a new position created through the underlying protocol.
This can involve additional gas, token approvals and changes in asset composition. Review the new pool state instead of assuming the amounts from the previous position will still fit.