What does out-of-range mean?
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A v3 position is out of range when the pool's spot price lies outside the position's tick bounds. This can result from:
- Market movement — swap activity pushes the price beyond the range after the position was created.
- Intentional placement — the provider deliberately sets a range above or below the current price (creating a single-sided or range-order position).
While out of range the position earns no fees and holds 100 % of one token — the less valuable asset relative to the direction of the price move. Capital remains fully withdrawable; the position is not liquidated. Fee accrual resumes if the spot price re-enters the range.