A liquidity pool is a smart contract holding two or more assets against which traders swap, with prices set by a formula rather than an order book. Whoever controls the pool's deposits controls whether anyone can sell.
manipulation techniques · updated 2026-09-23
Where does liquidity pool come up?
This term is used in the following manipulation techniques, each explained in full on
its own page.
Rug pulls— A rug pull is a crypto scheme in which the operators withdraw the liquidity backing a token, or mint unlimited new supply, leaving holders with an asset that cannot be sold at any price.
Sandwich attacks and MEV— A sandwich attack places one transaction immediately before a victim's pending swap and another immediately after it, moving the pool price so that the victim trades at a worse rate and the attacker keeps the difference.
Automated market maker— An automated market maker prices swaps from the ratio of assets in a pool using a fixed formula, with no order book and no discret…
Rug pull— A rug pull is a crypto scheme in which the developers withdraw the liquidity backing a token, or mint unlimited new supply, leavin…
We use Google Analytics to count visits and see which pages get read. It sets cookies.
Nothing here depends on it, and declining changes nothing about what you can read. What we collect.