March 29, 2021, 7:00AM EDT
• 9 min read
A quick look into liquidity providers
- AMM is a logical step in the evolution of decentralized on-chain exchanges.
- Uniswap and SushiSwap each have $4.5B+ of liquidity, which was mainly acquired through incentive programs.
- Curve has a similar amount of liquidity but specializes in stablecoins.
- Liquidity on Curve and SushiSwap is still backed by liquidity mining, which could complicate their existence after the Uniswap v3 launch.