ChainCatcher news, Uniswap Labs has launched a new metric called FLAIR (Fee Liquidity Adjusted Instant Return) to assess LP competitiveness in AMMs. It aims to measure any number of LP positions over any time period, including a single point in time. FLAIR can be used to attribute historical performance, backtest LP strategies, or optimize new liquidity deployments.It is reported that FLAIR captures the dynamic behavior of LPs in the pool, reflecting reasonable LP economic intentions. This means that LPs increase competition within the pool by allocating funds to pools with higher returns, rebalancing liquidity within certain price ranges, and deploying liquidity during high-fee periods. (source link)