David Schwartz highlighted that XRPL’s Automated Market Maker (AMM) currently has limited profits due to the high trading fees on different blockchains.
The XRP global community will have access to the XRPL’s AMM to seamlessly trade on improved liquidity.
Ripple Labs-backed XRPL (XRP) network will be adopting an Automated Market Maker (AMM), which is akin to Uniswap (UNI) for the Ethereum (ETH) ecosystem and Pancakeswap (CAKE) for the Binance ecosystem. The XRPL’s AMM was implemented on Friday, following the overwhelming validator’s consensus earlier. 
As Crypto News Flash previously highlighted, the implementation of the XRPL’s AMM has not been without headwinds including both technical and regulatory oversight. Moreover, Ripple is currently fighting for XRP not to be classified as a security through the ongoing lawsuit.
Ripple CTO Implements Trading Bot to Leverage XRPL’s AMM
Ripple CTO David Schwartz announced on Thursday that he had successfully implemented a trading b

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