AMM

jekpopulous2

Yeah I haven't used CB in a long time so I wasn't sure. My point was just that the spread can get rough when using AMM style swap function on a CEX. If you swap via limit order all that slippage disappears though. With instant swaps you're paying for the convenience of automation.

0x456

So there are AMM and OTC based swap DeFi apps. Are there any order book swap DeFi apps?

0x456

I believe it has some kind of OTC-like mechanism involved, because I often get much better swap prices than on other AMM-based DEXs.

0x456

When you sell, someone buys (a trader, a robot, an AMM, etc.). Both parties are involved in the exchange of assets. Thus, if there are 1000 buys, there are 1000 sells.

chintokkong

As what you've quoted, anyone running a XRPL node can set their own UNL of nodes to listen to. >Each participant in the network chooses a set of validators...the set of chosen validators should not be likely to collude with one another to break the rules...This list is called a Unique Node List, or UNL...each server listens to its trusted validator . The validators are not controlled by Ripple. In fact, the validators refused to approve the AMM proposal Ripple wanted to rush and push through earlier this year until a discovered bug was rectified. Decentralised voting at work. The validators decide on their own what is best for the XRP ledger.

SunDreamShineDay

I believe so too, just because a company called Ripple with 1,200+ employees in 36 countries leverages the XRP they have and writes their own proprietary software to work on the open-source decentralized XRPL blockchain for their clients who are banks and financial companies, calling the native layer 1 coin on that network crypto is a stretch, same with the XRPL, just because they offered the worlds first DEX (Decentralized Exchange) on a blockchain don’t mean one thing, that’s not crypto, the XRPL also has a CLOB (Central Limit Order Book) that’s not crypto either, oh it also has an AMM (Automatic Market Maker) again not crypto, the XRPL did once try and be all crypto so they added NFTs to the blockchain side hey at least it tried to be all crypto with the Artsy GIFs 🤷‍♂️

R4ID

> So, what problem XRP solves, Provide a geopolitical neutral asset, which has a floating value which can rise or fall to meet demand for global liquidty needs in international transfers of value. >Stable coins are pegged to their fiat counterpart. And therefore carry counter party risk, require the locking up of capital in order to "back" the value and arent geopolitically neutral, as well as having a central issuer. if I have to lockup at least say 2$ in stablecoins, to move 1$ worth of value. then I am limited in how much I can transfer/use. XRP has none of these problems and its value is free floating, it can Rise or fall to meet the demand. that is its strength. > It is simple and easy to convert between stable coins and fiat. XRP does the same faster and cheaper. There are currently more currency pairs on the XRPL than BTC/ETH combined. >There is no in between currency like XRP necessary, to transfer money. Transfer and Convert is the key your not understanding. XRP does it in 1 single transaction. You can convert your USDT into Anything and send that anything anywhere on the XRPL. so want to pay someone in Gold? how about in BTC? maybe in a foreign currency like thai bhat? you can start with anything of value on the XRPL, and in 1 trasaction convert it and send it to another wallet. >Obviously the Ripple business model does not work. largest fintech company in the world, yet you claim their "buiesness model doesnt work" lol > But they understand, that they can use stable coins instead of XRP. stablecoins are good on/off ramps but bad "rails" for the network. They also enhance user activity on chain (like the AMM) and provide higher vlaue to Defi based solutions on chain. The very first Stablecoin was created on the XRPL in 2012. Back then the term didnt even exist. There was no "defi" back before XRP was created, just like there was no DEX (until XRP created the first one) >Thus, making XRP useless, besides getting funded. if you dont understand the pros and cons of using one over the other, then you need to read more about the topic.

R4ID

>Well you tell us some tales, about who started first and second. I dont "tell tales" its a public blockchain, you can just lookup when the chain started (june 2nd 2012) and when the company (opencoin) became incorporated (Sept 2012). this isnt the chicken and the egg, we know which existed first because they're literally dated. > Yet how come that Ripple had suddenly over 55% of XRP Ripple had 80% in 2012 because like I said the Genesis wallet's private key was in the public code base. ANYONE could of taken as little or as much XNS as they liked. https://i0.wp.com/prestonbyrne.com/wp-content/uploads/2018/09/founders-agreement-2.png?resize=739%2C838&ssl=1 you can just look at the Founders agreement which they signed and decided to split up the open supply. Again this is and has been public knowledge since 2012. >and how come that they can unlock these amounts at any given (scheduled time)? They literally cant. 1B is unlocked at the start of each month, this has been happening every month since Jan 2018 (the first month after the unlock in Dec 2017) They cant unlock any amount they want, the funds are Timelocked. Like this isnt some great big mystery. you can Again go the Primary source and they will TELL you why they are doing what they are doing https://ripple.com/insights/ripple-to-place-55-billion-xrp-in-escrow-to-ensure-certainty-into-total-xrp-supply/ >Why are they financing development of the chain if they are independent from XRP? Because more volume and activity onchain leads to higher liquidity that they can then tap into. Their whole buisness is providing liquidity where their customers need it on demand fast, secure and at a very low cost. More liquidity on chain (like via AMM or via RLUSD) means more users. More users can then provide more liquidity, more liquidity means Ripple can serve more customers at a faster/cheaper rate. its a feedback loop. Think of it like this. if I want to transfer and convert value on chain, the more liquidity there is, the less slippage Ill have to worry about. This means Im getting more value. Now what if I want to transfer More value than the current liquidity has? well I either A. have to lose more in slippage to make the transfer happen or B. Make a smaller transfer. Liquidity begets more liquidity. People who werent interested because they couldnt move their value can then join the network and become liquidity providers themselves thus allowing the bigger and bigger fish to then utilize the product. >Why would they decide on a business model being dependent on XRP if they have no control? Does Bitmain Control BTC? you clearly didn think about this question because the answer is glaringly obvious. >The point is here and now, that Ripple controls the liquidity of XRP. Prove it (you cant) >That's a fact. incorrect. > It is totally irrelevant who is validating the blocks on the chain. Ever heard of tokenomics? SO youve gone from they control the network to "its totally irrelevant who is validating the blocks on the chain" do I hear that walk back from you or what?

CointestMod

#Algorand Pro-Arguments Below is a Algorand pro-argument written by a deleted user. > ####**Incredibly fast and high throughput** > > Algorand is arguably the fastest decentralized blockchain in the Top 50 > > The Algorand [v3.9.x update](https://github.com/algorand/go-algorand/pull/4506) in Sep 2022: > > * Increased block size 5x to a max throughput of ~6K TPS > * Decreased block time to ~4s (with deterministic finality). This is one of the few blockchains with finality fast enough to be used for Point of Sales. > > **Fastest swaps**: D13 recently performed a real AMM Swap benchmark where they reached **2881 swaps per second**. This easily [beats out every other L1](https://medium.com/dragonfly-research/the-amm-test-a-no-bs-look-at-l1-performance-4c8c2129d581), including Polygon (by 60x), BSC (15x), Avalanche C-Chain (90x), and even Solana by 10x. Nothing else comes close. > > ####**Very cheap transaction fees** > > Algorand is among the cheapest networks to use. All basic transactions have a 0.001 ALGO fee, which is currently $0.00025. > > Smart contracts have a [700 opscode budget](https://developer.algorand.org/tutorials/understanding-teal-opcode-budget/) before they need to be split into multiple transactions. As such, swaps are equivalent to 4 basic transactions, which is still only $0.001 in transaction fees. > > ####**Energy-efficient** > > Like most PoS blockchains, Algorand has no mining. Even if it increased its participation node count to 4000 (currently 2500), it would be [~1 billion times more energy-efficient than Bitcoin](https://www.algorand.com/resources/blog/sustainable-blockchain-calculating-the-carbon-footprint) per transaction. > > ####**Using Governance for Marketing** > > Algorand heavily markets its Governance program, which is used to vote on how to distribute community rewards and whether DeFi dApps should get a rewards bonus. This boosts the popularity of Algorand as it provides quarterly community marketing. This also encourages Algorand holders to keep holding their ALGO in governance quarter after quarter (until the rewards run out). > > ####**Low staking barriers for participation nodes** > > Unlike Ethereum with its 32-ETH staking requirement, there are no staking requirements for joining as a participation node. In fact, the smallest-staking node only has [2 ALGO](https://metrics.algorand.org/#/decentralization/) (so small it probably has no chance of ever being selected for participation within a lifetime). ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Algorand) to find submissions for other topics.

koolkheart

Moca seems like a really promising project! Have you considered partnering with Supra? Their suite of services, from oracles and AMM to VRF and dVRF tech and cross-chain communication, could bring significant benefits to Mocaverse, imoroving its ecosystem and user experience.

Somebody__Online

Why? All they do is publish open source code. The SEC sent them a letter recently outlining an intention to sue for unregistered securities fraud and Uniswap shut that shit down real hard lol. Uniswap is the og dex for AMM swaps. Every other dex on chain copied the uniswap code. If you’re more confident in another dex, it is likely just a clone of uniswap anyways.

Astramie

Apologies for the long comment, but for those who are genuinely curious... I use Cardano to stake, buy nfts, make swaps, DCA, and vote for projects. You can also mint an nft to link with an email address, or mint an nft as a handle so you can receive txs using a more user friendly address, like Eth domain names. There's DePIN projects like Iagon, which is like Filecoin, to store your data with a decentralized storage provider. They also host dapps and are working on decentralized compute services. There's NFT royalty platforms for creators like NEWM, Books, and Jpgstore. You can also lend NFTs. Some lending protocols even offer double yield on lending since the liquidity pools are staked. It is kind of like staking liquid staking derivative tokens, but much simpler. You don't have to exchange your ADA for stADA and potentially trigger a taxable event. Also let's say your order has not yet executed at the limit price you set, it can still earn staking rewards while the order is pending. Staking is liquid and self-custody, less middlemen and more ownership for the user. There's RWA projects like Palmyra and Empowa. The ecosystem is growing much faster now that infra and tooling is improving. Community built their own languages like Aiken and Opshin that are based on more popular languages like Typescript and Python, which compiles down to Haskell-based Plutus. You don't need to know Haskell anymore. Although you do need to know how to build on an extended UTXO model, but it is getting easier as more devs open source their code and share their designs. There's even a new batcherless AMM design that got funded this Catalyst round, and designs are rapidly adapting especially with Plutus V2 and V3 now with Chang upgrade, enabling zk primitives support on the L1. There's also new L2's on the horizon that offer unique benefits due to UTXO's deterministic properties like way cheaper fraud-proofs and better mobility between L1 and L2. There's also Leios and Peras to make the L1 faster. Hydra has interesting Catalyst proposals this round as well. The one thing I wish I could use Cardano for is stablecoin stuff. They have home grown stablecoins that are algorithmic and fiat backed, but they don't have the more established ones like USDC and USDT with higher liquidity, stability, and connections. MyUSD on Cardano is backed by USDC and USDT. There are also ways to bridge over USDC using Wanchain. Your implication is right, it is relatively a small ecosystem, a small island compared to the others. But it's fast growing. It's important to note that it is growing without Ethereum's network effect and heavy VC support. But interoperability is increasing with the recent Plutus V3 upgrade, that makes it more interoperable with Ethereum, and other developments like Cardano's integration with Cosmos. There's also Polkadot's Substrate tech powering Cardano's partnerchains. Cardano devs are also bridging the knowledge gap between them and Bitcoin devs with Fluidtokens and Maestro sharing protocol designs. It appears that this cycle, the alpha on Cardano is on Twitter, not on Reddit. Here's a few recent tweets from non-Cardano people. [https://x.com/CryptoConan/status/1811416874552611129](https://x.com/CryptoConan/status/1811416874552611129) [https://x.com/NftswithDiz/status/1813229438370259276](https://x.com/NftswithDiz/status/1813229438370259276) [https://x.com/TannerCartier/status/1813167238599655792](https://x.com/TannerCartier/status/1813167238599655792) [https://x.com/ZKDID\_/status/1799400337612190153](https://x.com/ZKDID_/status/1799400337612190153) Some recent posts to show typical daily chatter. [https://x.com/CardanoRami/status/1805971403675779203](https://x.com/CardanoRami/status/1805971403675779203) [https://x.com/Padierfind/status/1813519559703335109](https://x.com/Padierfind/status/1813519559703335109) [https://x.com/zkFold/status/1813271373802053835](https://x.com/zkFold/status/1813271373802053835) [https://x.com/FluidTokens/status/1813247448015307080](https://x.com/FluidTokens/status/1813247448015307080) [https://x.com/cosmos/status/1806357065960407485](https://x.com/cosmos/status/1806357065960407485) [https://x.com/ZengateGlobal/status/1803850888085189072](https://x.com/ZengateGlobal/status/1803850888085189072) and more... [https://x.com/sharlhuskens/status/1803442866280341529](https://x.com/sharlhuskens/status/1803442866280341529) [https://x.com/VioletNoRegarde/status/1805955713111670974](https://x.com/VioletNoRegarde/status/1805955713111670974) [https://www.youtube.com/watch?v=y4txesKsL\_M](https://www.youtube.com/watch?v=y4txesKsL_M) [https://x.com/ore\_times\_3/status/1810691719848952084](https://x.com/ore_times_3/status/1810691719848952084) [https://x.com/HouseOfTitans\_/status/1811829651121000663](https://x.com/HouseOfTitans_/status/1811829651121000663) [https://x.com/Omen4Omen/status/1804855019864207402](https://x.com/Omen4Omen/status/1804855019864207402) [https://x.com/MoparGirls/status/1813180347494113438](https://x.com/MoparGirls/status/1813180347494113438)

patrioterection

Aerodrome. AMM for the basechain. I believe this has huge upside potential.

coinfeeds-bot

tldr; DeFiLlama, the largest Total Value Locked (TVL) aggregator in the Decentralized Finance (DeFi) sector, has integrated Etherlink, a Layer 2 blockchain solution. This integration aims to enhance the visibility and accessibility of Etherlink within the DeFi ecosystem. Etherlink, powered by Tezos Smart Rollup technology, is EVM-compatible and non-custodial. The inclusion of Etherlink and TachySwap, an AMM-based decentralized exchange on Etherlink, into DeFiLlama's platform, is expected to benefit both by expanding data coverage and offering greater exposure to a broader audience. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

CointestMod

#Algorand Pro-Arguments Below is a Algorand pro-argument written by a deleted user. > ####**Incredibly fast and high throughput** > > Algorand is arguably the fastest decentralized blockchain in the Top 50 > > The Algorand [v3.9.x update](https://github.com/algorand/go-algorand/pull/4506) in Sep 2022: > > * Increased block size 5x to a max throughput of ~6K TPS > * Decreased block time to ~4s (with deterministic finality). This is one of the few blockchains with finality fast enough to be used for Point of Sales. > > **Fastest swaps**: D13 recently performed a real AMM Swap benchmark where they reached **2881 swaps per second**. This easily [beats out every other L1](https://medium.com/dragonfly-research/the-amm-test-a-no-bs-look-at-l1-performance-4c8c2129d581), including Polygon (by 60x), BSC (15x), Avalanche C-Chain (90x), and even Solana by 10x. Nothing else comes close. > > ####**Very cheap transaction fees** > > Algorand is among the cheapest networks to use. All basic transactions have a 0.001 ALGO fee, which is currently $0.00025. > > Smart contracts have a [700 opscode budget](https://developer.algorand.org/tutorials/understanding-teal-opcode-budget/) before they need to be split into multiple transactions. As such, swaps are equivalent to 4 basic transactions, which is still only $0.001 in transaction fees. > > ####**Energy-efficient** > > Like most PoS blockchains, Algorand has no mining. Even if it increased its participation node count to 4000 (currently 2500), it would be [~1 billion times more energy-efficient than Bitcoin](https://www.algorand.com/resources/blog/sustainable-blockchain-calculating-the-carbon-footprint) per transaction. > > ####**Using Governance for Marketing** > > Algorand heavily markets its Governance program, which is used to vote on how to distribute community rewards and whether DeFi dApps should get a rewards bonus. This boosts the popularity of Algorand as it provides quarterly community marketing. This also encourages Algorand holders to keep holding their ALGO in governance quarter after quarter (until the rewards run out). > > ####**Low staking barriers for participation nodes** > > Unlike Ethereum with its 32-ETH staking requirement, there are no staking requirements for joining as a participation node. In fact, the smallest-staking node only has [2 ALGO](https://metrics.algorand.org/#/decentralization/) (so small it probably has no chance of ever being selected for participation within a lifetime). ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Algorand) to find submissions for other topics.

GoodSamoSamo

CLOB or AMM, the trade still counts as volume on a DEX. Idk even know wtf you mean by “a volume of trades” and I don’t think you do either.

OriginalPancake15

While yes, an exchange listing can be huge for a project for the reasons you mentioned - it can also do the opposite. The project spends a large sum of money to get listed (six figures for good exchanges) as well as paying their AMM to continue services post-listing. Meanwhile those that bought in on DEX or were given airdrops during the early stages dump on the CEX which makes the chart look awful - scaring away new investors.

Giroud-Butcher

# Best trading exchange 2024 I rely on the above factors: Technology, users, community, exclusive products, transaction fees |Exchange method|Exchanges|Trust level| |:-|:-|:-| || |DEX|DBOE, AEVO|✅ trustless| |P2P|Binance, Bybit,Paxful|✅ trustless| |Atomic swaps|Samourai Wallet, AtomicMonero, BasciSwapDEX|✅ escrow| |AMM (automatic market makers)|SeraiDEX, Maya, Thorchain|low for users / medium for liquidity providers (hacks)| |Electricity|XMRrig, Monero GUI, Grupax|✅ trustless|

Winzors

Arbitrum definitely has issue with its public facing approach, and none of the dapps do any media at all outside of niche crypto twitter communities, but the activity is real. If you'd like to take a look through the ecosystem alongside a breakdown of metrics by protocol, consider [browsing the Arbitrum section on DeFiLlama](https://defillama.com/chain/Arbitrum). Basically everything you can imagine you'd be interested in having available in DeFi from lending, perps, options, etc all composable and interoperable with a myriad of structured products running on top for improved UX and boosted yield. Innovation hasn't slowed down at all, just the communication of whats going on, an awesome example I mentioned in the post is the recent development from Stryke. Running an LP on an AMM is a pretty professional affair and somewhat difficult to manage profitably which has been a bit of a thorn in the side of this industry. With Stryke you can take your LP, deposit in the protocol and sell options on the same liquidity while earning premiums in addition to your LP fees. The genius of this is that it's fundamentally the same as just having an LP, as the way AMMs are designed you're essentially selling options anyway but for free. So this innovation dramatically improves LP profitability and solves a really serious issue with the industry at the same time. This is the kind of innovation that's happening all over the Arbitrum ecosystem that just isn't getting any attention, because no-one on the media side of the industry is paying attention.

CointestMod

#Algorand Pro-Arguments Below is a Algorand pro-argument written by a deleted user. > ####**Incredibly fast and high throughput** > > Algorand is arguably the fastest decentralized blockchain in the Top 50 > > The Algorand [v3.9.x update](https://github.com/algorand/go-algorand/pull/4506) in Sep 2022: > > * Increased block size 5x to a max throughput of ~6K TPS > * Decreased block time to ~4s (with deterministic finality). This is one of the few blockchains with finality fast enough to be used for Point of Sales. > > **Fastest swaps**: D13 recently performed a real AMM Swap benchmark where they reached **2881 swaps per second**. This easily [beats out every other L1](https://medium.com/dragonfly-research/the-amm-test-a-no-bs-look-at-l1-performance-4c8c2129d581), including Polygon (by 60x), BSC (15x), Avalanche C-Chain (90x), and even Solana by 10x. Nothing else comes close. > > ####**Very cheap transaction fees** > > Algorand is among the cheapest networks to use. All basic transactions have a 0.001 ALGO fee, which is currently $0.00025. > > Smart contracts have a [700 opscode budget](https://developer.algorand.org/tutorials/understanding-teal-opcode-budget/) before they need to be split into multiple transactions. As such, swaps are equivalent to 4 basic transactions, which is still only $0.001 in transaction fees. > > ####**Energy-efficient** > > Like most PoS blockchains, Algorand has no mining. Even if it increased its participation node count to 4000 (currently 2500), it would be [~1 billion times more energy-efficient than Bitcoin](https://www.algorand.com/resources/blog/sustainable-blockchain-calculating-the-carbon-footprint) per transaction. > > ####**Using Governance for Marketing** > > Algorand heavily markets its Governance program, which is used to vote on how to distribute community rewards and whether DeFi dApps should get a rewards bonus. This boosts the popularity of Algorand as it provides quarterly community marketing. This also encourages Algorand holders to keep holding their ALGO in governance quarter after quarter (until the rewards run out). > > ####**Low staking barriers for participation nodes** > > Unlike Ethereum with its 32-ETH staking requirement, there are no staking requirements for joining as a participation node. In fact, the smallest-staking node only has [2 ALGO](https://metrics.algorand.org/#/decentralization/) (so small it probably has no chance of ever being selected for participation within a lifetime). ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Algorand) to find submissions for other topics.

CointestMod

#Algorand Pro-Arguments Below is a Algorand pro-argument written by a deleted user. > ####**Incredibly fast and high throughput** > > Algorand is arguably the fastest decentralized blockchain in the Top 50 > > The Algorand [v3.9.x update](https://github.com/algorand/go-algorand/pull/4506) in Sep 2022: > > * Increased block size 5x to a max throughput of ~6K TPS > * Decreased block time to ~4s (with deterministic finality). This is one of the few blockchains with finality fast enough to be used for Point of Sales. > > **Fastest swaps**: D13 recently performed a real AMM Swap benchmark where they reached **2881 swaps per second**. This easily [beats out every other L1](https://medium.com/dragonfly-research/the-amm-test-a-no-bs-look-at-l1-performance-4c8c2129d581), including Polygon (by 60x), BSC (15x), Avalanche C-Chain (90x), and even Solana by 10x. Nothing else comes close. > > ####**Very cheap transaction fees** > > Algorand is among the cheapest networks to use. All basic transactions have a 0.001 ALGO fee, which is currently $0.00025. > > Smart contracts have a [700 opscode budget](https://developer.algorand.org/tutorials/understanding-teal-opcode-budget/) before they need to be split into multiple transactions. As such, swaps are equivalent to 4 basic transactions, which is still only $0.001 in transaction fees. > > ####**Energy-efficient** > > Like most PoS blockchains, Algorand has no mining. Even if it increased its participation node count to 4000 (currently 2500), it would be [~1 billion times more energy-efficient than Bitcoin](https://www.algorand.com/resources/blog/sustainable-blockchain-calculating-the-carbon-footprint) per transaction. > > ####**Using Governance for Marketing** > > Algorand heavily markets its Governance program, which is used to vote on how to distribute community rewards and whether DeFi dApps should get a rewards bonus. This boosts the popularity of Algorand as it provides quarterly community marketing. This also encourages Algorand holders to keep holding their ALGO in governance quarter after quarter (until the rewards run out). > > ####**Low staking barriers for participation nodes** > > Unlike Ethereum with its 32-ETH staking requirement, there are no staking requirements for joining as a participation node. In fact, the smallest-staking node only has [2 ALGO](https://metrics.algorand.org/#/decentralization/) (so small it probably has no chance of ever being selected for participation within a lifetime). ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Algorand) to find submissions for other topics.

CointestMod

#DEX Pro-Arguments Below is a DEX pro-argument written by Shippior. > A Decentralized Exchange, often abbreviated to DEX, is an exchange that does not belong to a central entity and all transactions happen on a blockchain. The three largest DEXs by [Total Value Locked](https://cointelegraph.com/explained/what-is-total-value-locked-tvl-in-crypto-and-why-does-it-matter) (TVL) are [Curve Finance](https://curve.fi/#/ethereum/swap), [Uniswap](https://uniswap.org/) and [PancakeSwap](https://pancakeswap.finance/). For a full list of DEXs see this [dashboard](https://defillama.com/protocols/Dexes). > > The largest difference between a CEX and a DEX is the way that liquidity is provided. Most CEXs use an [order book](https://learn.bybit.com/trading/order-book-explained-for-beginners/_ style ) for transactions. Most DEXs employ [Auto Mated Market Making](https://blog.0x.org/market-making-in-defi/) (AMM). These type of transactions are essential for operating an exchange with low liquidity. The supply and demand are matched by a protocol to prevent orders from not being fulfilled for a long time as there are generally less transaction offers available when there is lower liquidity. > > AMM works by users "lending" their crypto as collateral for others to trade. This is done by depositing tokens in a [liquidity pool](https://www.moonpay.com/learn/defi/what-are-liquidity-pools). Users are often provided incentive by the protocol to deposit their tokens by receiving a fixed interest rate on the crypto that they deposit. Therefore users who wanted to hold their crypto for the long term can actually put them in a pool via a smart contract to earn interest on this crypto without having to trade it whereas it would be collecting dust on an CEX. APRs are as high at 100%+ on larger DEXs like [Curve](https://curve.fi/#/ethereum/pools) and higher than 250% for smaller DEXs like [Crescent](https://app.crescent.network/farm). > > Trading fees of DEXs are mostly rather straightforward. Uniswap take a flat 0.3% trading fee, just like [Osmosis](https://osmosis.zone/) on each trade on top of the network transaction fee. Transaction fees can go as low as 0.02% for Curve Finance. These swap fees are provided to the people providing liquidity in the pool as an incentive for putting in their crypto. > > All trades made on a DEX are available as they can be found on the blockchain. Therefore it is possible to base your trading activity on the activities of other people. This also means that you can verify that your assets are where you think they are at all time. Your assets can not be lended to other people without you knowing of it and in most cases without you agreeing to it through the use of a smart contract. > > Compared to a CEX (with the exception of Coinbase) it is possible to own a part of the DEX. Many DEX have their own tokens. For example Curve Finance has [Curve DAO](https://coinmarketcap.com/currencies/curve-dao-token/) and Uniswap has [UNI](https://coinmarketcap.com/currencies/uniswap/). These tokens are used to pay for transaction fees on the DEX, they can be just held on to in the hope of them increasing in value but most important of all these tokens can be used to participate in governance. Everyone can put a proposal for improving a DEX, see the [Curve DAO](https://gov.curve.fi/) as an example for this, up for vote and everyone that owns the token of the DEX can vote (mostly 1 token = 1 vote) to determine how to go forward. Thus one can decide how to go forward to make the DEX even better. Something that is almost entirely impossible with a CEX. > > Privacy on a DEX is much better than on a CEX. On most DEXs no Know Your Customer (KYC) is required, a wallet that can not be linked to the person that is using it is sufficient. > > DEXs can have all assets on their platform that are available on the blockchain itself of made available through wrapped assets by [bridges](https://blog.liquid.com/blockchain-cross-chain-bridge). In theory the number of bridges that can be made between blockchains is infinite thereby the number of assets that can be listed on a DEX is also infinite. In reality though there are only bridges between the major blockchains available at the moment. This still provides plenty to chose from. According to Coinmarketcap there are currently [935 coins](https://www.coingecko.com/en/exchanges/uniswap#:~:text=Currently%2C%20there%20are%20938%20coins,a%2024h%20volume%20of%20%24319%2C357%2C719.14.) available to be traded on Uniswap and [3,223 coins](https://www.coingecko.com/en/exchanges/pancakeswap) on PancakeSwap. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_DEX) to find submissions for other topics.

trungngo7799

Thank you for sharing your insights! It's fascinating to hear how the Synchronized Liquidity Engine model addresses issues with traditional options AMM models, particularly in terms of price accuracy and capital efficiency. Could you elaborate on how the Pay-less feature, based on combo strategies, contributes to resolving these challenges and enables Moby to provide deep liquidity with tight spreads?

Trade_on_Moby

We found some issue from traditional options AMM model in terms of price accuracy and capital efficiency. By using real-time data and adopting Pay-less feature based on combo strategies, SLE can resolve those problems and be enable to provide deep liquidity with tight spread!

Trade_on_Moby

1. SLE is similar to the approach pioneered in DeFi options, called Options AMM. However, unlike previous models that limited traders to buying only specific positions (ex Long Call/Put) or allowed arbitrage through the gap with market data, Moby not only allows all types of trading, Call/Put & Long/Short, but also focuses on providing prices that accurately reflect the actual market. Additionally, unlike AMMs, this can solve existing problems through 'Dynamic Spread with Risk Premium' for risk management, and 'Pay Less Feature' for capital efficiency.

meeleen223

Thank you for hosting this AmA and being the first protocol in our sub to host with the new enhanced features! First as someone who also listened to lot of Moby and someone who's on the favourite tv show characters is Starbuck from Battlestar Galactica, I'd like to say you've chosen a great name holding lot of symbolism for your protocol in the vast crypto ocean. My questions are: 1. Can you ELI5 how does your Synchronized Liquidity Engine differs from options AMM and why it's innovative? 2. Will microcaps be supported in the future and more specifically Moons? 3. With crypto derivatives being on path to become a major asset class, do you think DeFi can eventually take more market share from CeFi and will we see DeFi summer vol2? 4. What would your advice be for new option traders?

No-Kaleidoscope2969

Pasting a post of someone Algo’s choice of consensus mechanism makes it faster with regards to finality (when a transaction is truly and determinedly final with no possibility of rollback). Solana has faster block times, but it can soft fork. So, it must wait ~32 blocks before it is final. Algorand has instant finality. As a result transactions finalize about 3x faster on Algo than Solana. Like most chains, Solana opted for Ethereum Virtual Machine (EVM) —really it’s EVM-ish rather than a 100% clone. Algorand opted to build its own virtual machine from the ground. As a result of Solana’s choice it inherited a lot of problems/limitations of EVM whereas Algo did not. For example Algorand has native layer assets instead of assets configured as a smart contract. That means you don’t have to worry that interacting with a random token will drain your wallet. In fact, you can prevent dusting entirely because of its opt-in feature. It also means that transactions involving these tokens take up less block space. Due to this and other efficiencies in AVM, Algorand can process around 10x AMM swaps per second that Solana can. Solana’s consensus mechanism is just straight up wasteful. By recording votes as on chain transactions, it inflates transaction count (misleading) but also means it consumes block space that could be used for useful transactions. This needlessly increases state bloat (the size of the chain history, and thus costs to store it) while restricting useful throughput and imparts a penalty to decentralization. The decision to make vote transactions an on chain transaction also imparts a different limitation to decentralization as it means every vote by a node costs money. As a result, unless you have a very large bag, you are actively losing money. State bloat is made even worse by the fast round times (which are necessary to have tolerable finality that is still 3x longer than Algo’s). All of this (a poor consensus design, plus fast round times to makeup for forming, and needless vote transactions) means that to achieve high throughput and fast finality it requires nodes with processing and memory requirements that are ostensibly super computers. This makes consensus tend towards centralization even further. You will likely be told that Solana is super decentralized. What you won’t be told is that to achieve this, Solana Foundation and/or Alameda subsidized (through direct payments or delegation) about 90% of all Solana nodes. If that subsidy was pulled, a lot of those nodes would be losing money. Algorand’s design also means bad transactions get kicked at the first node instance. It gets rejected before being added to the chain. Solana lets them through. This means it wastes block space and also means you must pay for failed transactions, which never happens on Algo. The clogging of block space with bad transactions further compounds congestion and failed transaction count. Algorand has a variety of unique features such as rekeying of accounts. That’s enough for now, I guess. Overall it is just a more complete and better designed package. It was built from the ground up instead of assembled in flight.

SunDreamShineDay

Liquidity is King of ALL markets. Without liquidity Ripple would struggle to attract clients to upgrade RipplePaymemts to ODL, and XRP would struggle to attract investors and traders to it. When liquidity is high it ensures that assets are accessible to everyone, liquidity enables quick and efficient trading which reduces slippage and transaction costs, liquidity allows traders to enter and exit positions easily. If Ripple kept all their XRP locked up in escrow and didn’t allow for XRP to increase in liquidity in the markets worldwide it would be signing XRP’s death sentence by doing so. I want XRP to be an asset with as much liquidity as possible, anyone interested in seeing this coin being used as a bridge currency, it being used to tokenize real world assets, it being used in AMM pools and more should all DYOR on why liquidity is the pathway to the realization of these goals.

Smobert1

I would say this was always the plan re your modular comment. I did watch back a number of charles older videos and he has been talking about it and building for it for a long time, I think most people just didnt get it when he said it initially. Re the why now, It was just getting POS staking correct and designing a secure programming language for eUTXO was difficult, and that was what was being built for a long timem definately felt like it wasnt getting done a time, the peer review approach is slow. as for scaling, thats fine but ZK roll ups work really well on the dapp level, instead of a 1000 transactions on chain, we can have one from the dapp. This being while the dapp is still in its growth stage that it doesnt need to create its own side chain or L2 as it grows to a sufficient size. Which is probably the end state of any dapp of sufficient size, some multichain giant, but thats far into the future and more of a fever dream as it stands. as for the first comment must be chained. Its more can be chained. There is no global state, like Bitcoin each UTXO is like its own bit of cash that can be spent independantly of the rest. I would say flash loans would be difficult on ada, while it use AMM dexes. aka batchers just cant see it working. While we move forward models like AXO will become more dominent on cardano. Look into the dex, programable swaps its really a great dapp. But if we imagine two order book dexes, i can see some more programable arbitrage flash loans style interactions becoming more straightforward. As i said you can send the ada and receive your token in the same tx with a limit order swap, non custodial until it activates. But i dont think we will have flash loans as you see them on eth, like we have learned we cant just copy eth style AMM dexes. But flash loans while great for arbitrage, it also leads to flash loans attacks and exploits.

coinfeeds-bot

tldr; XRP's price is anticipated to potentially rise to between $1.20 and $1.50, driven by increased activity in decentralized exchanges and a surge in AMM pool activity on the XRP Ledger. Technical indicators suggest buying opportunities due to oversold conditions and weakening bearish momentum, although the lack of a strong trend advises caution. The recent 5.70% price increase and a 15% rise in XRP locked in AMM pools reflect growing interest and participation in decentralized finance. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Smobert1

as are things with eUTXO to global state. Cant speak on the EVM style flash loans havent looked deep into that issue. world will have a lot of chains thats a given. ETH and evm has a lot of devs like yourself, I view L1's as nation states, questions become how does it government run etc etc. Im spectical of ETH's approach of all scaling seeming to be on the L2, but it can obviously work im just not convinced. Some advantages with eUTXO vs EVM, you can have non custodial limit orders in place. aka its a smart contract that executes when your bid price is hit, with axo this is as an nft in your wallet which you can cancel at any point by burning the nft essentially. you can do this with leverage trading. but the underlying assets never leave your wallet until the contract executes. I dont see why a flash loan couldnt exist. But what works on EVM and global state isnt always the best fit for eUTXO. they are just different, as i said creating capital efficient order books is something that isnt really possible on eth. hence why the AMM model was created, which really isnt great when using eUTXO, batchers needed to be used and this os all we saw on cardano initially. things need to be done differently and that stuff takes time. Another talking point While everyone says transactions within transations arent TPS, i think its more horizontal scaling vs vertical. Buses vs taxis for the city, on the dapp level massive scaling advantages. The biggest thing will be with ZK roll ups. most of the issues on that side for eth are trying to make sure there is a state were you know your inputs and outputs exactly before the transactions are submitted on chain, so you can just submit the proof. But with cardano, this is baked into the code in that all transactions are deterministic, you by default know the inputs and outputs and you know it will eventually be submitted on chain ( even in the case of heavy chain use, it would just take time ), so coding for this becomes much easier.

Smobert1

look at axo and think again. at the start ada devs tried to create amm dexes created for a global state evm model, instead of creating dapps for eutxo tec. it took time for devs to figure it out, as happens with all new tec and new programming languages. but their defi scene is booming. axo / optim / indigo / dexhunter / fluidtokens. now with eutxo dexes, we can get rid of imper loss and the massive capital inefficiencies of the AMM dex

HSuke

You're not doing Algorand any favors by under-reporting that. It was 8000 TPS with DeFi swaps on mainnet AMM Swap Benchmark: https://d13.co/benchmarking-algorand-amm-real-user-swap-performance/

whodisguy32

Lol I don't chase yield or use leverage. And I never will. The only thing I would **consider** is staking and less so pooling funds into an AMM, but even then I wouldn't do that with all of my bags. Otherwise have buy targets and sell targets on holds. And set stop loss/risk mitigation strategy for trades. Everything else is noise.

croissant_auxamandes

Ummm. Did you read what I wrote? Bitcoin isn't going to replace the entire financial system - it's not possible to do flash loans, AMM, lending/borrowing, etc. Bitcoin is only good for store of value, and remittances. That's it.

theapplekid

>Think the protocol is a lot more centralized than it seems My bad I thought you were talking about the AMM protocol (which has little to do with governance). Didn't realize you were taking about their governance and am unaware of what protocols they use for that.

theapplekid

Uniswap's contracts are open source and lots of people fork them and deploy their own AMM liquidity pools based on them (their v3 contracts were closed for a while though, and v4 probably will be also when they come out) How exactly would you say their LPs are "centralized"? You can interact with them pseudonymously on the blockchain. People can even deploy their own pseudonymously. Most pools just distribute swap fees to the liquidity providers. *Some* pools also distribute a portion of swap fees to UNI token holders also (this is optional and a parameter of the pool set at deployment)

R4ID

After following the SEC v Ripple case very, very closely. the following is my speculation on why the SEC is going after Uniswap The SEC is going to claim that even tho ETH may be "sufficiently decentralized" Uniswap who built an AMM on ETH via a smart contract, Still controls and can edit the smart contract. Therefore the SEC is going to claim it is centralized and are going after Uniswap because they are an "unregulated broker dealer" Anyone who buys, sells and solicits orders for a counter party is a "Broker dealer" which the SEC specifically regulates. so think Robinhood, they are submitting orders on your behalf. the SEC is going to claim Uniswap is essentially doing this illegally. This key of this issue is going to have to break down to if Uniswap has control over peoples orders and facilitates them (via their AMM smart contract) Uniswap is gonna say they are decentralized, they dont control orders its just the procotol so they cant be a broker dealer. Again that is entirely speculation on my part, we dont know what the SEC is going after Uniswap for atm and wont for probly another 30ish days.

R4ID

the XRPL DEX, it was the first ever created, it has the lowest possible fees, it has the more currency pairs than any other exchange/dex, not a lot of people know about it or use it correctly so there's often a lot of opportunity's for arbitrage, You can exchange and redeem profits for real world value IOU's; IE I convert some of my trading profits into an IOU that represents XAU(Gold) and redeem them to get them mailed to me IRL. with the AMM launch about 24 hrs away, Autobridging and EVM sidechains now paired up with it, as well as Ripples Stablecoin expected later this year (probly around Oct/Nov "Swell" timeline) its crazy to me that more people dont use it.

CointestMod

#DEX Pro-Arguments Below is a DEX pro-argument written by Shippior. > A Decentralized Exchange, often abbreviated to DEX, is an exchange that does not belong to a central entity and all transactions happen on a blockchain. The three largest DEXs by [Total Value Locked](https://cointelegraph.com/explained/what-is-total-value-locked-tvl-in-crypto-and-why-does-it-matter) (TVL) are [Curve Finance](https://curve.fi/#/ethereum/swap), [Uniswap](https://uniswap.org/) and [PancakeSwap](https://pancakeswap.finance/). For a full list of DEXs see this [dashboard](https://defillama.com/protocols/Dexes). > > The largest difference between a CEX and a DEX is the way that liquidity is provided. Most CEXs use an [order book](https://learn.bybit.com/trading/order-book-explained-for-beginners/_ style ) for transactions. Most DEXs employ [Auto Mated Market Making](https://blog.0x.org/market-making-in-defi/) (AMM). These type of transactions are essential for operating an exchange with low liquidity. The supply and demand are matched by a protocol to prevent orders from not being fulfilled for a long time as there are generally less transaction offers available when there is lower liquidity. > > AMM works by users "lending" their crypto as collateral for others to trade. This is done by depositing tokens in a [liquidity pool](https://www.moonpay.com/learn/defi/what-are-liquidity-pools). Users are often provided incentive by the protocol to deposit their tokens by receiving a fixed interest rate on the crypto that they deposit. Therefore users who wanted to hold their crypto for the long term can actually put them in a pool via a smart contract to earn interest on this crypto without having to trade it whereas it would be collecting dust on an CEX. APRs are as high at 100%+ on larger DEXs like [Curve](https://curve.fi/#/ethereum/pools) and higher than 250% for smaller DEXs like [Crescent](https://app.crescent.network/farm). > > Trading fees of DEXs are mostly rather straightforward. Uniswap take a flat 0.3% trading fee, just like [Osmosis](https://osmosis.zone/) on each trade on top of the network transaction fee. Transaction fees can go as low as 0.02% for Curve Finance. These swap fees are provided to the people providing liquidity in the pool as an incentive for putting in their crypto. > > All trades made on a DEX are available as they can be found on the blockchain. Therefore it is possible to base your trading activity on the activities of other people. This also means that you can verify that your assets are where you think they are at all time. Your assets can not be lended to other people without you knowing of it and in most cases without you agreeing to it through the use of a smart contract. > > Compared to a CEX (with the exception of Coinbase) it is possible to own a part of the DEX. Many DEX have their own tokens. For example Curve Finance has [Curve DAO](https://coinmarketcap.com/currencies/curve-dao-token/) and Uniswap has [UNI](https://coinmarketcap.com/currencies/uniswap/). These tokens are used to pay for transaction fees on the DEX, they can be just held on to in the hope of them increasing in value but most important of all these tokens can be used to participate in governance. Everyone can put a proposal for improving a DEX, see the [Curve DAO](https://gov.curve.fi/) as an example for this, up for vote and everyone that owns the token of the DEX can vote (mostly 1 token = 1 vote) to determine how to go forward. Thus one can decide how to go forward to make the DEX even better. Something that is almost entirely impossible with a CEX. > > Privacy on a DEX is much better than on a CEX. On most DEXs no Know Your Customer (KYC) is required, a wallet that can not be linked to the person that is using it is sufficient. > > DEXs can have all assets on their platform that are available on the blockchain itself of made available through wrapped assets by [bridges](https://blog.liquid.com/blockchain-cross-chain-bridge). In theory the number of bridges that can be made between blockchains is infinite thereby the number of assets that can be listed on a DEX is also infinite. In reality though there are only bridges between the major blockchains available at the moment. This still provides plenty to chose from. According to Coinmarketcap there are currently [935 coins](https://www.coingecko.com/en/exchanges/uniswap#:~:text=Currently%2C%20there%20are%20938%20coins,a%2024h%20volume%20of%20%24319%2C357%2C719.14.) available to be traded on Uniswap and [3,223 coins](https://www.coingecko.com/en/exchanges/pancakeswap) on PancakeSwap. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_DEX) to find submissions for other topics.

R4ID

> If they have that many clients why is the price still at 50 cents. not all 500+ Ripplenet members are using XRP/ODL services. Ripplenet doesnt solely consist of "XRP" related transactions, their network product suite includes other options which dont require XRP. ODL is the cheaper and faster option with more overall features, but many regions have regulatory issues in regards to using digital assets atm. This is why you see such a big push from Ripple for regulatory clarity. The price rising effect also kicks in with overall volume as most ODL trasactions only have a minor effect (buying 100$ XRP and then selling 100$ XRP is almost neutral) If you're looking at just ODL payments, its double digit billions atm each year. with the onboarding of a few new members each week and some that can utilize XRP the magic really happens when overall Volume kicks in. Has to do with the velocity of value being exchanged has a greater effect the more that is moving. They also have Multiple different verticals now starting to develop which when they kick in, will add to the demand (AMM, EVM sidechains, ILP/Autobridging, stablecoin, CBDCs) etc. there's a reason Ripple is spending Millions on Other devs to develop use cases utilizing XRP. Once you've solved a single problem, going Wide has a multiplying effect. each of those verticals add a compounding demand for XRP which with a fixed, deflationary supply leads to price increases.

R4ID

> Active wallets XRP wallets function differently than on other networks, Wallets arent free and there is a Cost to activate/create a wallet. you also have the destination tag system which allows each wallet to create a sub wallet within itself. a Single XRP wallet can contain 2^32 unique accounts or (4,294,967,296) total users for a single wallet. This makes tracking total active users difficult as exchanges and many other places use a single wallet for hundreds of thousands of users. Total activated wallets passed 5 Million this year in Jan, its now at 5.135 Million in April, there is slow steady growth if you look at wallet activations. >txs have not increased on Ripple in the past 12 months average daily transactions atm is ~1.2 Million, 12 months ago it was ~900k. Not an insane growth I'd agree, but with AMM on the eve of relaunch in a few days, EVM sidechains now being online. Auto-bridging about to take effect and Ripples Stablecoin launch this year at some point (Id guess Around Swell, so Oct/Nov) Id say by December of this year it wouldnt be crazy to expect a rather large spike overall in network activity. > but how long before it drops out of the Top 10? LTC, BCH, EOS, TRON and XLM were top 10 coins 5 years ago. XRP has hasnt left the top 10 ever and its been around longer than BCH and EOS combined. in fact the only coin older than it that would be considered "still active" would be BTC and LTC. I think as far as "test of time" goes, XRP has passed just fine. >Continued steady decline in any project would leave me unwilling to bet on their future 20 years from now. there is no decline, only data and understanding how to read it. >ETH has name brand recognition now, but people always eventually move onto better options. Both Solana and Base have seen periods recently where overall activity has topped Ethereum, which is something new for this cycle, unimaginable last cycle. Say what you want about memecoins, but they are bringing new users to these chains and proving their usability. The memecoin casino game eventually does run out and isnt really "healthy" for the ecosystem (I would expect it to transition to some other blockchain next run and repeat again) It's issue tho is for every 1 user who makes insane profit, there are thousands that just experienced their first rug pull and will be turned sour to crypto as a whole forever. I will say one thing that I am rather surprised about is people are still interested in using SOL tho. Given the whole "failed transactions" debacle atm, I would of assumed people would prefer to use something that actually works.

R4ID

> Both those projects look weaker now than they have in previous cycles. Ripple has gone from 300+ Ripplenet customers to 500+ ripplenet customers. with EVM sidechains, The AMM and now the stable coin announcement. its been nothing but growth and improvement from last cycle to this one. that doesnt even include all the devs now developing on the XRPL from last cycle to now. XRP has only grown cycle to cycle. >I meant that another project can come along and improve on what ETH is doing, in turn replacing it. Some are already close. Many already can do what "ETH does" better than it currently, but if they dont get that "name brand" recognition, it wont matter. VHS/Betamax right? >Aside from Bitcoin, I'd say that every single project is replaceable. Others that look too strong to die might become the crypto equivalent of AOL or MySpace. I mean, just looking at the top 10, I could really only see that for say USDT, BNB and USDC. and each would require something catastrophic to happen to their main org. Some sort of major depeg from the stablecoins could shake trust in them and cause problems for sure. and Maybe something crazy happens to Binance which would def hurt BNB. but again, they each require something pretty major to happen to make them not a thing anymore.

R4ID

I mean, XRP because it JUST launched the AMM. it had Zero TVL. in the first day it had more TVL than Uniswap had after its first 3 months. now with Ripple planning a stablecoin launch, EVM sidechains being live. Autobridging and the unique AMM features will skyrocket its TVL.

AsbestosDude

I regularly leverage positions for higher yield between indigo protocol and liqwid finance typically using iUSD and USDm to increase my exposure. I look for lending opportunities on levvy and lenfi snce they tend to give pretty good yields I look for arbitrages between Dexhunter which aggregates all the AMM swaps and Axo trade since it's an orderbook and not connected yet to the aggregator. I have a spread market making strategy running on Axo which automatically trades the stablecoins when there is a depeg greater than 1 cent. other than that just I just play around with a few gamified staking dapps and move around positions to yield farm on various Dexs

gr8ful4

You are new to atomic swaps, P2P markets, DEX like bisq or Haveno, AMM like Serai or simple insta swap exchanges?

CointestMod

#DEX Pro-Arguments Below is a DEX pro-argument written by Shippior. > A Decentralized Exchange, often abbreviated to DEX, is an exchange that does not belong to a central entity and all transactions happen on a blockchain. The three largest DEXs by [Total Value Locked](https://cointelegraph.com/explained/what-is-total-value-locked-tvl-in-crypto-and-why-does-it-matter) (TVL) are [Curve Finance](https://curve.fi/#/ethereum/swap), [Uniswap](https://uniswap.org/) and [PancakeSwap](https://pancakeswap.finance/). For a full list of DEXs see this [dashboard](https://defillama.com/protocols/Dexes). > > The largest difference between a CEX and a DEX is the way that liquidity is provided. Most CEXs use an [order book](https://learn.bybit.com/trading/order-book-explained-for-beginners/_ style ) for transactions. Most DEXs employ [Auto Mated Market Making](https://blog.0x.org/market-making-in-defi/) (AMM). These type of transactions are essential for operating an exchange with low liquidity. The supply and demand are matched by a protocol to prevent orders from not being fulfilled for a long time as there are generally less transaction offers available when there is lower liquidity. > > AMM works by users "lending" their crypto as collateral for others to trade. This is done by depositing tokens in a [liquidity pool](https://www.moonpay.com/learn/defi/what-are-liquidity-pools). Users are often provided incentive by the protocol to deposit their tokens by receiving a fixed interest rate on the crypto that they deposit. Therefore users who wanted to hold their crypto for the long term can actually put them in a pool via a smart contract to earn interest on this crypto without having to trade it whereas it would be collecting dust on an CEX. APRs are as high at 100%+ on larger DEXs like [Curve](https://curve.fi/#/ethereum/pools) and higher than 250% for smaller DEXs like [Crescent](https://app.crescent.network/farm). > > Trading fees of DEXs are mostly rather straightforward. Uniswap take a flat 0.3% trading fee, just like [Osmosis](https://osmosis.zone/) on each trade on top of the network transaction fee. Transaction fees can go as low as 0.02% for Curve Finance. These swap fees are provided to the people providing liquidity in the pool as an incentive for putting in their crypto. > > All trades made on a DEX are available as they can be found on the blockchain. Therefore it is possible to base your trading activity on the activities of other people. This also means that you can verify that your assets are where you think they are at all time. Your assets can not be lended to other people without you knowing of it and in most cases without you agreeing to it through the use of a smart contract. > > Compared to a CEX (with the exception of Coinbase) it is possible to own a part of the DEX. Many DEX have their own tokens. For example Curve Finance has [Curve DAO](https://coinmarketcap.com/currencies/curve-dao-token/) and Uniswap has [UNI](https://coinmarketcap.com/currencies/uniswap/). These tokens are used to pay for transaction fees on the DEX, they can be just held on to in the hope of them increasing in value but most important of all these tokens can be used to participate in governance. Everyone can put a proposal for improving a DEX, see the [Curve DAO](https://gov.curve.fi/) as an example for this, up for vote and everyone that owns the token of the DEX can vote (mostly 1 token = 1 vote) to determine how to go forward. Thus one can decide how to go forward to make the DEX even better. Something that is almost entirely impossible with a CEX. > > Privacy on a DEX is much better than on a CEX. On most DEXs no Know Your Customer (KYC) is required, a wallet that can not be linked to the person that is using it is sufficient. > > DEXs can have all assets on their platform that are available on the blockchain itself of made available through wrapped assets by [bridges](https://blog.liquid.com/blockchain-cross-chain-bridge). In theory the number of bridges that can be made between blockchains is infinite thereby the number of assets that can be listed on a DEX is also infinite. In reality though there are only bridges between the major blockchains available at the moment. This still provides plenty to chose from. According to Coinmarketcap there are currently [935 coins](https://www.coingecko.com/en/exchanges/uniswap#:~:text=Currently%2C%20there%20are%20938%20coins,a%2024h%20volume%20of%20%24319%2C357%2C719.14.) available to be traded on Uniswap and [3,223 coins](https://www.coingecko.com/en/exchanges/pancakeswap) on PancakeSwap. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_DEX) to find submissions for other topics.

Comicksands

Lol. If you read you’ll know why it’s different from Uniswap. AMM vs order book has been a long discussion for years. They seem to have been able to solve order book chain at scale for the first time

R4ID

> Late to the game the concept of Stablecoins were created via the XRPL. the first ever was invented on the XRPL.... they arent late to the game. they are improving their newest features being an EVM sidechain and AMM amendment LP pools.

R4ID

>bad for XRP as it clearly shows that the company is pivoting away from XRP. XRP and stablecoins dont solve the same problem, they arent competing. you dont understand how either work if you think this is bad for either. >Why do they even launch on ethereum if they believe in XRPL? the EVM sidechain has launched, and AMM amendment just passed.

R4ID

>Good for Ripple. Not so much for XRP. its good for both. > The intended utility of XRP (as an optional token for its real-time gross settlement system) is continually narrowing because of stable coins and other emerging solutions. Stablecoins and XRP do not compete, they do not solve the same problem in the same way. you dont understand Either if you think they do. >It makes sense that Ripple would pivot into a proven model of stable coin issuance. They have EVM sidechains that are now linked to ETH and just had the AMM launch. they want a high quality stablecoin instead of relying on 3rd parties which they have been doing since 2012 when they INVENTED the first stablecoin ever. >But their new stable coin will indirectly compete with the XRP token. they dont solve the same problem, so no, no they will not.

R4ID

ITT people dont understand how XRP solves problems. Stablecoins Were not only invented by Ripple in 2012 but they have existed on chain in almost every currency for the XRPL, it is just now Ripple is going to back one instead of relying on 3rd party stablecoins. This coin is going to be a dual issuance, one ERC-20 version on ETH and another on the XRPL. This is most likely because of the recent AMM amendment to help provide more liquidity with more currency pairs as well as to bridge the EVM sidechains between ETH and XRP. Can't wait for every comment in here to be just absolutely clueless with potato IQ takes on this news tho.

CryptoNerdSmacker

Here come all the galaxy brained takes on Ripple, XRP, etc. Interesting to see how this all plays out. Right on time with the AMM update too. Worth keeping an eye on.

john-larry

Delistings from CEX are the best avenue for attacking Monero. So far we can still rely on Kraken but who knows for how long. Fortunately we have many DEX options on the horizon. Monero is already the most traded on Bisq despite it being expensive to use. We have localmonero.co where you can also buy p2p. Atomic swaps are already live and can be used through eg. BasicSwapDex or unstoppableswap.net . Within likely the next year we will also have Haveno and SeraiDEX. Haveno is a fork of bisq that is based on Monero instead of Bitcoin. It will make it way more user friendly and cheap to use. SeraiDEX will be a crypto to crypto automated market maker (AMM) similar to uniswap. This means that trades can be facilitated way faster than through most other options because you don’t have to wait for a vendor to accept your offer. Point being, Monero will be fully tradeable on DEXs in the future. The current issue is liquidity but with more and more delistings, liquidity will move to DEXs. Currently Monero is very cheap due to the delisting / banning fears but there will be a time where this won’t matter. Now is the time to accumulate.

Necessary_Petals

Aerodrome Finance is a next-generation AMM designed to serve as Base's central liquidity hub; Aerodrome accounts for nearly half of Base’s TVL

parvashasan12

Huge news in the DeFi world! Aerodrome (AERO), the next-gen AMM and liquidity hub for Base chain, is getting listed on Bitget. Can't wait to start providing liquidity and earning those juicy incentives.

wateerrrr

It’s part of the OP ecosystem. They are both developed in it but Velo is for AMM for Optimism

CryptoBankSignals

Aerodrome: A DeFi Powerhouse Poised for Takeoff in a Bull Market Don't worry about the short term and focus on what this project actually is. It's a DEX backed by Coinbase. It's here to stay for possibly forever. Hope you find this write-up helpful. Disclaimer: I own about 1.3 million AERO (see my screenshot/video proof in profile or AERO subreddit) so my analysis is obviously pro AERO "Time in the market is better than trying to time the market" The decentralized finance (DeFi) landscape is brimming with innovation, and Aerodrome, the native AMM DEX on the optimistic Ethereum L2 scaling solution, Base, is poised for a meteoric rise in a potential bull market. Here's a breakdown of the bullish factors propelling Aerodrome towards a future of explosive growth: **Base Network: The Rocket Fuel** * **Ethereum's Scaling Savior:** Ethereum, the dominant smart contract platform, suffers from scalability issues. Base, with its faster transaction speeds and lower fees, positions itself as a frontrunner in solving Ethereum's woes. This mass exodus to L2 solutions could drive immense user growth for Base. * **Early Mover Advantage on Base:** Aerodrome stands as the first mover DEX on Base. This prime position allows it to capture a significant share of liquidity and user activity as the Base network flourishes. **Aerodrome's Technical Prowess** * **AMM Efficiency:** Aerodrome leverages an automated market maker (AMM) model, facilitating seamless token trading without the complexities of order books. This user-friendly approach attracts both experienced DeFi veterans and newcomers. * **Vote-locking Rewards:** AERO holders can lock their tokens to earn rewards and participate in governance decisions. This incentivizes holding and fosters a strong community around Aerodrome. **Projecting Aerodrome's Market Cap in a Bull Run** Predicting market caps with absolute certainty is impossible, but here's a glimpse into a possible future fueled by a DeFi bull market: * **The Base Effect:** If Base captures even a **10% share** of Ethereum's current TVL (around $300 billion), it would translate to a $30 billion TVL for Base. Assuming Aerodrome captures a dominant **50% share** of this Base TVL, its market cap could reach a staggering **$15 billion**. (This assumes a conservative 0.5 market cap to TVL ratio, which can be higher for DEXes during bull runs) This means a 49x from current price of $0.842 meaning each AERO reaches $41± (assuming no change in total circulating supply) * **The Network Effect Multiplier:** In a bull market, network effects become amplified. As more users flock to Aerodrome for its efficiency and Base's scalability, liquidity deepens, attracting even more users, creating a snowball effect. This could push Aerodrome's market cap even higher. **Synergistic Factors:** * **Base's Feature Integration:** Potential future integrations between Base and Aerodrome, such as native fiat on-ramps or novel security mechanisms, could further solidify Aerodrome's position within the Base ecosystem. * **A Flourishing DeFi Ecosystem:** A bull market typically fuels the entire DeFi space. Rising valuations across the DeFi sector would likely positively impact Aerodrome's market cap. **Aerodrome: A compelling Investment Opportunity** Aerodrome presents a compelling opportunity for investors seeking exposure to the potential explosion of the Base network and the broader DeFi market. Its innovative features, strong community focus, and first-mover advantage on Base position it for substantial growth. **Important Considerations:** * **Market Volatility:** The cryptocurrency market is inherently volatile. Bull markets can be followed by corrections. * **Base Network Adoption:** The success of Aerodrome hinges on Base network adoption. **Aerodrome: A Front-Seat Ticket to the DeFi Future** While the future is uncertain, Aerodrome offers a captivating proposition for investors with a bullish outlook on DeFi. With its strategic positioning and feature-rich platform, Aerodrome is well-equipped to become a dominant player in the Base network and a major force within the ever-evolving DeFi landscape. **Disclaimer:** This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research before making any investment decisions.

coinfeeds-bot

tldr; RippleX, the developer arm behind the XRP Ledger (XRPL), has detected a technical glitch affecting certain Automated Market Maker (AMM) pools on the XRPL, leading to transaction disruptions. Users are advised against depositing funds into the affected pools and urged to withdraw their liquidity provider (LP) tokens until the issue is resolved. The glitch has prompted mixed reactions within the XRPL community, with some concerned about network reliability and others praising RippleX's transparency. Several XRPL-based projects have temporarily suspended connections to the affected AMM pools in response. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; RippleX, Ripple's development division, has identified a technical glitch affecting Automated Market Maker (AMM) pools on the XRP Ledger, leading to incorrect transaction processing. This issue impacts a limited number of AMM pools, which are crucial for decentralized exchanges by allowing direct asset swaps without traditional order books. RippleX advises users to avoid depositing funds into the affected pools and to redeem any liquidity provider tokens they hold. The technical team is actively working to resolve the issue and has urged the community to follow official updates for further information. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

CointestMod

#DEX Pro-Arguments Below is a DEX pro-argument written by Shippior. > A Decentralized Exchange, often abbreviated to DEX, is an exchange that does not belong to a central entity and all transactions happen on a blockchain. The three largest DEXs by [Total Value Locked](https://cointelegraph.com/explained/what-is-total-value-locked-tvl-in-crypto-and-why-does-it-matter) (TVL) are [Curve Finance](https://curve.fi/#/ethereum/swap), [Uniswap](https://uniswap.org/) and [PancakeSwap](https://pancakeswap.finance/). For a full list of DEXs see this [dashboard](https://defillama.com/protocols/Dexes). > > The largest difference between a CEX and a DEX is the way that liquidity is provided. Most CEXs use an [order book](https://learn.bybit.com/trading/order-book-explained-for-beginners/_ style ) for transactions. Most DEXs employ [Auto Mated Market Making](https://blog.0x.org/market-making-in-defi/) (AMM). These type of transactions are essential for operating an exchange with low liquidity. The supply and demand are matched by a protocol to prevent orders from not being fulfilled for a long time as there are generally less transaction offers available when there is lower liquidity. > > AMM works by users "lending" their crypto as collateral for others to trade. This is done by depositing tokens in a [liquidity pool](https://www.moonpay.com/learn/defi/what-are-liquidity-pools). Users are often provided incentive by the protocol to deposit their tokens by receiving a fixed interest rate on the crypto that they deposit. Therefore users who wanted to hold their crypto for the long term can actually put them in a pool via a smart contract to earn interest on this crypto without having to trade it whereas it would be collecting dust on an CEX. APRs are as high at 100%+ on larger DEXs like [Curve](https://curve.fi/#/ethereum/pools) and higher than 250% for smaller DEXs like [Crescent](https://app.crescent.network/farm). > > Trading fees of DEXs are mostly rather straightforward. Uniswap take a flat 0.3% trading fee, just like [Osmosis](https://osmosis.zone/) on each trade on top of the network transaction fee. Transaction fees can go as low as 0.02% for Curve Finance. These swap fees are provided to the people providing liquidity in the pool as an incentive for putting in their crypto. > > All trades made on a DEX are available as they can be found on the blockchain. Therefore it is possible to base your trading activity on the activities of other people. This also means that you can verify that your assets are where you think they are at all time. Your assets can not be lended to other people without you knowing of it and in most cases without you agreeing to it through the use of a smart contract. > > Compared to a CEX (with the exception of Coinbase) it is possible to own a part of the DEX. Many DEX have their own tokens. For example Curve Finance has [Curve DAO](https://coinmarketcap.com/currencies/curve-dao-token/) and Uniswap has [UNI](https://coinmarketcap.com/currencies/uniswap/). These tokens are used to pay for transaction fees on the DEX, they can be just held on to in the hope of them increasing in value but most important of all these tokens can be used to participate in governance. Everyone can put a proposal for improving a DEX, see the [Curve DAO](https://gov.curve.fi/) as an example for this, up for vote and everyone that owns the token of the DEX can vote (mostly 1 token = 1 vote) to determine how to go forward. Thus one can decide how to go forward to make the DEX even better. Something that is almost entirely impossible with a CEX. > > Privacy on a DEX is much better than on a CEX. On most DEXs no Know Your Customer (KYC) is required, a wallet that can not be linked to the person that is using it is sufficient. > > DEXs can have all assets on their platform that are available on the blockchain itself of made available through wrapped assets by [bridges](https://blog.liquid.com/blockchain-cross-chain-bridge). In theory the number of bridges that can be made between blockchains is infinite thereby the number of assets that can be listed on a DEX is also infinite. In reality though there are only bridges between the major blockchains available at the moment. This still provides plenty to chose from. According to Coinmarketcap there are currently [935 coins](https://www.coingecko.com/en/exchanges/uniswap#:~:text=Currently%2C%20there%20are%20938%20coins,a%2024h%20volume%20of%20%24319%2C357%2C719.14.) available to be traded on Uniswap and [3,223 coins](https://www.coingecko.com/en/exchanges/pancakeswap) on PancakeSwap. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_DEX) to find submissions for other topics.

CryptoBankSignals

First of all I'm all in. I have around $1,000,000 USD invested, so this might be biased. Aerodrome.Finance (AERO) and it's first mover advantage Aerodrome, an AMM aggregator built on Base, a Layer 2 scaling solution for Coinbase, is considered a promising project with potential for significant growth. Here's a breakdown of the bullish points: * **Early mover advantage:** Aerodrome is the first AMM on Base, positioning it to benefit from the growth of the Base ecosystem. * **Sustainable model:** Unlike many projects, Aerodrome has a locked token supply and doesn't rely on venture capital, reducing sell pressure. It also incentivizes users through veNFT rewards for participation. * **Strong growth:** Aerodrome's TVL has been growing rapidly, indicating increasing user adoption. * **Integration with Velodrome:** Participation in Velodrome's Slipstream is expected to bring significant trading volume to Aerodrum. * **Reduced fees:** With recent Ethereum upgrades lowering transaction fees, Aerodrum on Base is poised to attract more users. * **Potential for high APY:** Aerodrome offers high yields for liquidity providers. To me, Aerodrome presents an attractive opportunity due to its first-mover advantage, sustainable economic model, and the growth potential of the Base ecosystem. Price predictions: It's currently hovering at about $0.71± with a recent pullback after making new highs. This is so cheap compared to what it will likely be as the market cap is only currently around $250± Million. Whereas similar DEX platforms like Uniswap is currently at $10.5 Billion. To catch up to Uniswap which seems easy due to the broad customer base of Coinbase and BASE, it could easily surpass Uniswap in this bull run. If it just manages to catch up to Uniswap at CURRENT market caps, it'll be a 42x±. Which means a $30 AERO. When UNI was at its peak market cap during last bull run, it was at $33.86 Billion MC, that would be an 135x AERO equivalent to $97 per AERO. Let's not get hasty but it's safe to say that $5-$10 AERO is an easy target. We are just at the beginning of the bull run and this is still a tiny market cap coin that has managed to fly under the radar. We are in exciting times people. Let's make some money together! ------- (Not financial advice, this is just my personal opinion)

CryptoBankSignals

First of all I'm all in. I have around $1,000,000 USD invested, so this might be biased. Aerodrome.Finance (AERO) and it's first mover advantage Aerodrome, an AMM aggregator built on Base, a Layer 2 scaling solution for Coinbase, is considered a promising project with potential for significant growth. Here's a breakdown of the bullish points: * **Early mover advantage:** Aerodrome is the first AMM on Base, positioning it to benefit from the growth of the Base ecosystem. * **Sustainable model:** Unlike many projects, Aerodrome has a locked token supply and doesn't rely on venture capital, reducing sell pressure. It also incentivizes users through veNFT rewards for participation. * **Strong growth:** Aerodrome's TVL has been growing rapidly, indicating increasing user adoption. * **Integration with Velodrome:** Participation in Velodrome's Slipstream is expected to bring significant trading volume to Aerodrum. * **Reduced fees:** With recent Ethereum upgrades lowering transaction fees, Aerodrum on Base is poised to attract more users. * **Potential for high APY:** Aerodrome offers high yields for liquidity providers. To me, Aerodrome presents an attractive opportunity due to its first-mover advantage, sustainable economic model, and the growth potential of the Base ecosystem. Price predictions: It's currently hovering at about $0.71± with a recent pullback after making new highs. This is so cheap compared to what it will likely be as the market cap is only currently around $250± Million. Whereas similar DEX platforms like Uniswap is currently at $10.5 Billion. To catch up to Uniswap which seems easy due to the broad customer base of Coinbase and BASE, it could easily surpass Uniswap in this bull run. If it just manages to catch up to Uniswap at CURRENT market caps, it'll be a 42x±. Which means a $30 AERO. When UNI was at its peak market cap during last bull run, it was at $33.86 Billion MC, that would be an 135x AERO equivalent to $97 per AERO. Let's not get hasty but it's safe to say that $5-$10 AERO is an easy target. We are just at the beginning of the bull run and this is still a tiny market cap coin that has managed to fly under the radar. We are in exciting times people. Let's make some money together! ------- (Not financial advice, this is just my personal opinion)

CryptoBankSignals

First of all I'm all in. I have around $1,000,000 USD invested, so this might be biased. Aerodrome.Finance (AERO) and it's first mover advantage Aerodrome, an AMM aggregator built on Base, a Layer 2 scaling solution for Coinbase, is considered a promising project with potential for significant growth. Here's a breakdown of the bullish points: * **Early mover advantage:** Aerodrome is the first AMM on Base, positioning it to benefit from the growth of the Base ecosystem. * **Sustainable model:** Unlike many projects, Aerodrome has a locked token supply and doesn't rely on venture capital, reducing sell pressure. It also incentivizes users through veNFT rewards for participation. * **Strong growth:** Aerodrome's TVL has been growing rapidly, indicating increasing user adoption. * **Integration with Velodrome:** Participation in Velodrome's Slipstream is expected to bring significant trading volume to Aerodrum. * **Reduced fees:** With recent Ethereum upgrades lowering transaction fees, Aerodrum on Base is poised to attract more users. * **Potential for high APY:** Aerodrome offers high yields for liquidity providers. To me, Aerodrome presents an attractive opportunity due to its first-mover advantage, sustainable economic model, and the growth potential of the Base ecosystem. Price predictions: It's currently hovering at about $0.71± with a recent pullback after making new highs. This is so cheap compared to what it will likely be as the market cap is only currently around $250± Million. Whereas similar DEX platforms like Uniswap is currently at $10.5 Billion. To catch up to Uniswap which seems easy due to the broad customer base of Coinbase and BASE, it could easily surpass Uniswap in this bull run. If it just manages to catch up to Uniswap at CURRENT market caps, it'll be a 42x±. Which means a $30 AERO. When UNI was at its peak market cap during last bull run, it was at $33.86 Billion MC, that would be an 135x AERO equivalent to $97 per AERO. Let's not get hasty but it's safe to say that $5-$10 AERO is an easy target. We are just at the beginning of the bull run and this is still a tiny market cap coin that has managed to fly under the radar. We are in exciting times people. Let's make some money together! ------- (Not financial advice, this is just my personal opinion)

CryptoBankSignals

Aerodrome.Finance (AERO) and it's first mover advantage Aerodrome, an AMM aggregator built on Base, a Layer 2 scaling solution for Coinbase, is considered a promising project with potential for significant growth. Here's a breakdown of the bullish points: * **Early mover advantage:** Aerodrome is the first AMM on Base, positioning it to benefit from the growth of the Base ecosystem. * **Sustainable model:** Unlike many projects, Aerodrome has a locked token supply and doesn't rely on venture capital, reducing sell pressure. It also incentivizes users through veNFT rewards for participation. * **Strong growth:** Aerodrome's TVL has been growing rapidly, indicating increasing user adoption. * **Integration with Velodrome:** Participation in Velodrome's Slipstream is expected to bring significant trading volume to Aerodrum. * **Reduced fees:** With recent Ethereum upgrades lowering transaction fees, Aerodrum on Base is poised to attract more users. * **Potential for high APY:** Aerodrome offers high yields for liquidity providers. To me, Aerodrome presents an attractive opportunity due to its first-mover advantage, sustainable economic model, and the growth potential of the Base ecosystem. Price predictions: It's currently hovering at about $0.71± with a recent pullback after making new highs. This is so cheap compared to what it will likely be as the market cap is only currently around $250± Million. Whereas similar DEX platforms like Uniswap is currently at $10.5 Billion. To catch up to Uniswap which seems easy due to the broad customer base of Coinbase and BASE, it could easily surpass Uniswap in this bull run. If it just manages to catch up to Uniswap at CURRENT market caps, it'll be a 42x±. Which means a $30 AERO. When UNI was at its peak market cap during last bull run, it was at $33.86 Billion MC, that would be an 135x AERO equivalent to $97 per AERO. Let's not get hasty but it's safe to say that $5-$10 AERO is an easy target. We are just at the beginning of the bull run and this is still a tiny market cap coin that has managed to fly under the radar. We are in exciting times people. Let's make some money together! ------- (Not financial advice, this is just my personal opinion)

coachhunter2

The XRP ledger now has native AMM capability. No smart contracts required.

CryptoBankSignals

Aerodrome.Finance (AERO) and it's first mover advantage Aerodrome, an AMM aggregator built on Base, a Layer 2 scaling solution for Coinbase, is considered a promising project with potential for significant growth. Here's a breakdown of the bullish points: * **Early mover advantage:** Aerodrome is the first AMM on Base, positioning it to benefit from the growth of the Base ecosystem. * **Sustainable model:** Unlike many projects, Aerodrome has a locked token supply and doesn't rely on venture capital, reducing sell pressure. It also incentivizes users through veNFT rewards for participation. * **Strong growth:** Aerodrome's TVL has been growing rapidly, indicating increasing user adoption. * **Integration with Velodrome:** Participation in Velodrome's Slipstream is expected to bring significant trading volume to Aerodrum. * **Reduced fees:** With recent Ethereum upgrades lowering transaction fees, Aerodrum on Base is poised to attract more users. * **Potential for high APY:** Aerodrome offers high yields for liquidity providers. To me, Aerodrome presents an attractive opportunity due to its first-mover advantage, sustainable economic model, and the growth potential of the Base ecosystem. Price predictions: It's currently hovering at about $0.71± with a recent pullback after making new highs. This is so cheap compared to what it will likely be as the market cap is only currently around $250± Million. Whereas similar DEX platforms like Uniswap is currently at $10.5 Billion. To catch up to Uniswap which seems easy due to the broad customer base of Coinbase and BASE, it could easily surpass Uniswap in this bull run. If it just manages to catch up to Uniswap at CURRENT market caps, it'll be a 42x±. Which means a $30 AERO. When UNI was at its peak market cap during last bull run, it was at $33.86 Billion MC, that would be an 135x AERO equivalent to $97 per AERO. Let's not get hasty but it's safe to say that $5-$10 AERO is an easy target. We are just at the beginning of the bull run and this is still a tiny market cap coin that has managed to fly under the radar. We are in exciting times people. Let's make some money together! ------- (Not financial advice, this is just my personal opinion)

chintokkong

David Schwartz has been testing a bot like that of XRPL’s AMM trading SOL on a CEX: https://x.com/joelkatz/status/1770852455670063172?s=61&t=Onf0L7P1MHOIzAlYQrg04g

Shakalaka8006

Celer's liquidity pool-based bridge employs a StableSwap AMM curve to calculate the bridge rate which makes sure the bridge rate is always close to or at 1 unless there is significant liquidity imbalance between the two pools. Anyone can add liquidity and earn some yield as incentives similar to how one would get returns on the liquidity provided on DEXes.

crashbdx

Thanks for the kind words, right now the token is not yet circulating, we just started the private sale round that is open until March 31. After that, we'll have a marketing campaign prior to the public sale that will be end of April. Then we will start listing on AMM and Exchanges from there.