Having experienced @ferra_protocol, what truly impressed me about Ferra Protocol wasn't any single feature, but rather its redefinition of the LP role. Most DEXs treat liquidity providers as "passive pools," accepting volatility, impermanent loss, and inefficiency from the outset. However, Ferra @ferra_protocol decouples risk and return through CLMM, DLMM, and DAMM, allowing LPs to actively choose their exposure methods. DLMM, in particular, places liquidity within discrete price ranges, significantly reducing slippage and wasted funds in high-volatility markets—a positive feedback loop for both traders and LPs. I prefer to view Ferra @ferra_protocol as an adaptive liquidity infrastructure rather than a simple DEX. It empowers funds to "think," rather than passively absorb losses. If this design continues to work effectively within the Sui ecosystem, it could potentially create a deeper liquidity moat in the long run, which is far more reliable than short-term incentives. #ferra_protocol #KaitoYap @KaitoAI