> For the complete documentation index, see [llms.txt](https://docs.kim.exchange/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.kim.exchange/protocol/amm-v4.md).

# AMM V4

V4 pools in Kim are powered, in part, by Algebra. 

You can read more about Algebra and V4 pools in their [technical documentation](https://docs.algebra.finance/algebra-integral-documentation).

An overview of the benefits of V4 pools:

* Concentrated liquidity within ranges
  * Provide liquidity within your specified price ranges 
* Improved capital efficiency
* Lower slippage
* Optimized fee structures


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