Uniswap V3 - How to Calculate Price of ETH from sqrtPriceX96? | DeFi

[@smartcontractprogrammer]

0:00 - Intro
1:09 - What is P?
1:39 - Example price of USDC in terms of ETH
4:21 - Example price of ETH in terms of USDC
6:28 - Price of ETH from sqrtPriceX96
7:40 - Example price of ETH from sqrtPriceX96
Uniswap USDC / ETH pool
etherscan.io/address/0x8ad599c3A0ff1De082011EFDDc58f1908eb6e6D8#readContract
Notes
github.com/stakewithus/notes
Take a course
www.smartcontract.engineer/

[@adimishra6950]

thank you so much!! it took me almost whole day to resolve

[@duytruongnguyen8096]

Very helpful, thank you!

[@KW-vv1dt]

yo, your videos are amazing and easy to understand! thanks for sharing!
would like to know what's the note taking tool you are using?

[@smartcontractprogrammer]

excalidraw.com/

[@chacal31]

Great content ! How do you manage to write so fast the math? Is this some symbol that you already draw and you reuse, or there is a library?

[@smartcontractprogrammer]

copy paste from other notes

[@viktorcortez5706]

Hi bro, thanks for your video. If it's possible can you make a video about flashloan with balancer? They have just a smart contract code with 2 functions without explanations. It looks similar to AAVE (I used code for AAVE flashloan from your video too)

[@navibongo9354]

This returns the RATIO of eth in terms of usdc or x in terms of y (y/x). So confusing when you say Price, because i assume you mean the amountOut. -.-

[@Tijdperkzuid]

I think I watched the video 4 times now and still not able to get the actual price. I am working with javascript. would be awesome to see some coding examples, even solidity would work for me.

[@Tijdperkzuid]

I got the formula working, I know now 1 ETH = X USDC, but I can not figure out how to get the price in 1 USDC = X ETH

[@smartcontractprogrammer]

flip the price

[@kangChihLun]

@@Tijdperkzuid use one divide by 1 eth price

[@Tijdperkzuid]

@@kangChihLun thanks for the reply, I already got it.

[@nickeast4853]

simple maths complicated lol