Uniswap, Defi, Uniswap V3.
long-block world, the LPs only take a single trade. The results are: for short blocks, the cumulative LVR is $843, the LP fee is $312, and the LP loss is 63.0%. for long blocks, the cumulative LVR is $248, the LP fee is $187, and the LP loss is 60.0%. This example shows that LVR is a