# Introduction Gamma LP Vaults are non-custodial, automated rebalancing vaults on a variety of concentrated liquidity DEX's such as Uniswap V4, Uniswap V3, and Algebra Finance. ## Key Features ## Strategies * Uniswap V4 vaults feature Multi-Position management in a variety of liquidity distributions * Uniswap V3 and Algebra Finance vaults feature our dual position strategy vaults that involve a base and limit position ### Rebalancing Logic * Rebalancing logic is conducted offchain, but executed onchain to allow for flexibility * Rebalances do NOT involve market swaps for all strategies. Only limit positions are placed to rebalance into desired quantities * Rebalance triggers are determined via market price and asset ratios ### Strategy Management * Strategies are live 24/7, and rebalances can happen in real time. (i.e. rebalances don't occur at regular intervals. They occur once triggered at specific prices or asset allocations) * All strategies have depeg triggers if they have an established trading price elsewhere on a centralized exchange, another DEX, or an onchain exchange rate * Private vaults are available for clients who do not wish for their vaults to be public facing --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.gamma.xyz/gamma/lp-vaults/introduction.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.