It's not problematic unless the pairs are highly correlated or one is doing high frequency trading. Ever since Uni v3 in 2021 though, LPs can set lower fees on

It's not problematic unless the pairs are highly correlated or one is doing high frequency trading. Ever since Uni v3 in 2021 though, LPs can set lower fees on pairs, as low as 0.01%. Uniswap has done almost $2 trillion in volume over the past 4 years.