How can I hedge impermanent loss in liquidity pools?

[johnblockbuster]

Use stablecoin-stablecoin pools to minimize exposure.

Provide liquidity in concentrated ranges on platforms like Uniswap v3.

Consider hedging with options or short positions in correlated assets.

Track pool volume and fees earned versus market volatility to calculate potential loss.

[Rimon Khan]

Pairing correlated assets or using IL protection protocols can drastically reduce exposure to market swings.

[Abdul Khan]

Regularly reviewing smart contract audits and rotating keys periodically can greatly enhance fund safety.