sqrtPriceX96
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Understanding sqrtPriceX96 in Uniswap V3
How to derive the price of WETH in terms of USDC in a Uniswap V3 pool? What is sqrtPriceX96? What does this number represent – 1407948368068542943726036166337703? In Uniswap V3, the sqrtPriceX96 plays a crucial role in determining the price ratio between two tokens within a liquidity pool. Let me show you a simple explanation of…