AMMs: Trading With a Pool, Not a Person
Automated market makers let you swap tokens against a liquidity pool using formulas instead of order books. Liquidity providers earn fees, but face risks like impermanent loss. AMMs made DeFi accessible, fast, and global. They also made “math” a market participant.
Automated market makers let you swap tokens against a liquidity pool using formulas instead of order books. Liquidity providers earn fees, but face risks like impermanent loss. AMMs made DeFi accessible, fast, and global. They also made “math” a market participant.
Automated market makers let you swap tokens against a liquidity pool using formulas instead of order books. Liquidity providers earn fees, but face risks like impermanent loss. AMMs made DeFi accessible, fast, and global. They also made “math” a market participant.
Automated market makers let you swap tokens against a liquidity pool using formulas instead of order books. Liquidity providers earn fees, but face risks like impermanent loss. AMMs made DeFi accessible, fast, and global. They also made “math” a market participant.