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I honestly don't think I can do a better job explaining this than @t4sk but just to try my best to make it clear, The table reflects the fee growth below the tick and the below the tick is where we have those red boxes, The height of those red boxes intrinsically contains the height of the above tick which is the other side of the tick where we have no boxes. We are trying to calculate the fee growth below the tick and not the total fee growth, so whenever we do our calculation, the formula subtracts the fee growth above from the fee growth below(total fee to be precise to get the actual fee growth below).

To cut the long story short, we only have a single line which we use to represent b…

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@t4sk
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t4sk Jul 18, 2025
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@EngrPips
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