> For the complete documentation index, see [llms.txt](https://docs.tensor.trade/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.tensor.trade/provide-liquidity/advanced-concepts.md).

# Advanced Concepts

Learn how TensorSwap allows you to trade on a price/bonding curve, which improves the pricing you get both when buying or selling NFTs:

{% content-ref url="/pages/G4tABdZIkfNdEGmfUVUW" %}
[Bonding Curves](/provide-liquidity/advanced-concepts/bonding-curves.md)
{% endcontent-ref %}

Learn what impermanent loss is when you provide liquidity and **market-make** on TensorSwap (or any AMM in general): 

{% content-ref url="/pages/UywrOhgG7DTtZjRKnNcN" %}
[Impermanent Loss](/provide-liquidity/advanced-concepts/impermanent-loss.md)
{% endcontent-ref %}