# Overview

This is a quick overview of DLMM for developers to grasp the key concepts before moving on to other sections. More detailed information about the DLMM protocol is provided in [this section](https://docs.ferra.ag/core-protocols/quickstart).

### What is DLMM?

DLMM is a bin-based liquidity protocol that divides the price space into discrete bins. Each bin represents a specific price point where liquidity can be deposited. Unlike continuous price ranges, DLMM uses a discretized approach for more efficient liquidity management.

### Key Features

#### Bin-Based Liquidity

* Liquidity is concentrated in discrete price bins
* Each bin has a unique ID representing a specific price
* Bins are connected with fixed price steps

#### Zero Slippage Within Bins

* Trades within the same bin execute at a constant price
* No price impact until bin liquidity is exhausted
* Predictable execution for traders

#### Flexible Liquidity Shapes

* **Spot**: Uniform distribution around current price
* **Curve**: Gaussian distribution for concentrated liquidity
* **Bid-Ask**: Weighted distribution for market making

#### Composable Positions

* Each position is an NFT
* Add/remove liquidity to specific bins
* Multiple positions per user

### Next Steps

* [Installation](https://docs.ferra.ag/integration/dlmm/typescript-sdk/getting-started/installation) - Set up the SDK
* [Key Concepts](https://docs.ferra.ag/integration/dlmm/typescript-sdk/getting-started/key-concepts) - Understand bins and pricing
* [Create Pair](https://docs.ferra.ag/integration/dlmm/typescript-sdk/trading-pairs/create-lb-pair) - Deploy your first pair