Ever tried swapping a coin and got a terrible price? That's liquidity (or lack thereof)! 💧 Think of it like a marketplace:
High Liquidity (Big Pools): Tons of buyers/sellers. Trades happen fast & close to the expected price. Smooth sailing! ⛵
Low Liquidity (Small Pools): Few buyers/sellers. Your trade can move the price (slippage!), get stuck, or cost WAY more. Rough seas! 🌊
Check liquidity *before* buying obscure tokens! Deep pools on DEXs or high volume on CEXs are your friends. Always mind the spread! #DeFi #TradingTips #Liquidity101