Introduction
Decentralised finance (DeFi) at its core is fundamentally reliant on decentralised exchanges (DEXs). These pieces of web3 infrastructure are the arbiters of liquidity, facilitating the exchange of cryptocurrencies. Most of these DEXs, being reliant on automated market makers (AMMs), decide which price ranges to allocate liquidity towards in a token pool. The more accurate the allocation, the more efficient and performative the trading experience. Therefore, the success of any DEX is contingent on the effectiveness of its AMM. An ecosystem without efficient DEX infrastructure is less likely to succeed under the financial strain it places on users.
Without the development and deployment of DEXs atop advanced AMM infrastructure, DeFi itself would not be where it is today. Nevertheless, DeFi trading infrastructure has a long way to go before it catches up to the efficiency of TradFi infrastructure. This will necessitate the implementation of more advanced AMMs which rival th
We współpracy z: https://cryptodaily.co.uk/2023/09/dynamic-liquidity-provision-ai-powered-capital-efficiency
