Comparison of Different Pool Types

Type of pool	TRADE	TOKEN	NFT
Unlimited number of trades?	Yes	No, limited by number of trades	No, limited by number of trades
Fee structure	Carry fee structure (percentage of user-defined fee; user-fee is percentage of trade value)	Flat fee structure (percentage of trade value)	Flat fee structure (percentage of trade value)
Asset Recipient [as result of trade]	The liquidity pool itself	Either the liquidity pool itself, or a specified asset recipient (user can specify)	Either the liquidity pool itself, or a specified asset recipient (user can specify)
Assets that can be deposited by owner	Fungible monetary tokens: ETH or ERC20 (one is prespecified) NFTs	Fungible monetary tokens only: ETH or ERC20 (one is prespecified)	NFTs only
How it behaves	Two-sided liquidity within a certain price band [as determined by liquidity in the pool]	One-sided liquidity with bid liquidity for NFTs (buy orders for NFTs)	One-sided liquidity with ask liquidity for NFTs (sell orders for NFTs)
Ownership representation	Owner = holder of LP token	Owner = holder of LP token	Owner = holder of LP token
Compatible with advanced/filter pools?	Yes	Yes	Yes
Use this if you…	Want to LP (i.e. make a market) on the NFT-TOKEN pair within a certain price range to capture trading revenue. Note that your profitability is highly correlated with (a) the price staying within/near the band (b) there being significant trading volatility in the pair	Want to set buy orders for an NFT with ETH/ERC20s (set and forget)	Want to set sell orders for an NFT you own (set and forget)
Delta	Can use any valid delta configuration	Can use any valid delta configuration	Can use any valid delta configuration