September 23, 2020, 1:20PM EDT
• 9 min read

Exploring new automated market maker designs

Quick Take

  • AMMs have become the dominant model for decentralized exchanges — with a 93% market share today
  • The success of AMMs can largely be attributed to the ease of providing liquidity. Instead of managing an order book, market makers can simple place assets into liquidity pools
  • After Uniswap, AMMs have tried to optimize parameters to make trading more efficient and better targeted towards specific use cases

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