Uniswap V3, Convex Optimization, Arbitrage, Routing, English.
where the state is in the interior of the range — ie x1>0, y1>0 rather than greater or equal — the dots lie in the straight line with the origin, indicating that they have the same price. For all other AMMs the state is as close as possible as they can get to this price, ie it is at the end of the