Browsing: Technology

For a long time, exchanges had to use order books, which had to be both filled and analyzed manually. Therefore, there were serious limitations in terms of speed and efficiency. But with the widespread use of computers, automated systems, and the Internet, the situation has changed – automated market makers or AMMs have replaced traditional principles and approaches. In this article, we will study how liquidity providers and automated market makers function and if liquidity providers are counterparty to trade in AMM.