Two ways to concentrate liquidity
CLMM (Orca Whirlpools, Raydium CLMM, Uniswap v3) gives you a continuous price range. Liquidity is spread smoothly between your bounds, and a trade moving through it pays a fixed fee tier with slippage along the curve.
DLMM (Meteora) chops the price axis into discrete bins. Each bin holds reserves at one fixed price, so a trade that stays inside the active bin executes with zero slippage. You choose how to distribute liquidity across bins — flat, curved, or weighted to one side — and the fee itself moves with volatility.
| DLMM (Meteora) | CLMM (Orca, Raydium) | |
|---|---|---|
| Liquidity shape | Discrete bins, choose the distribution | Continuous range |
| Slippage in the active zone | Zero inside a bin | Along the curve |
| Fees | Dynamic — rise with volatility | Fixed tier |
| Strategy surface | Wide: spot, curve, bid-ask shapes | Width and centre |
| Complexity | Higher | Lower |
| Tooling and integrations | Growing | Mature, widely integrated |
Where CLMM wins
- Depth where it counts. On our 17 September 2026 measurement Orca's SOL/USDC 0.04% pool held $24.3M and turned over $149M in a day. Liquidity concentrates where the routing goes, and for major Solana pairs that is still the CLMM venues.
- Fewer moving parts. A CLMM position has two decisions: where and how wide. A DLMM position adds the shape across bins. More surface is more to get wrong.
- Predictable modelling. Fee income, concentration and IL all have closed forms on a continuous range — which is why our calculators can be exact rather than approximate.
Why our bot runs on CLMM
Not because DLMM is worse. Because automation needs the position's state to be computable at every moment: our bot values every position from on-chain liquidity, sizes deposits from the range's own proportions, and decides rebalances from the tick. Continuous ranges make that exact. Bins with a chosen distribution make it a different and larger problem, and we would rather do one thing correctly than two things approximately.
If a clear case appears we will build it. Until then the bot manages Orca Whirlpools and Raydium CLMM — and if you are providing on Meteora, none of the tools on this site stop being useful: the IL calculator works on any concentrated position.