Automated Market Makers (AMMs)

簡介:

An "automated market maker" (AMM) is a type of decentralized exchange (DEX) protocol that facilitates the exchange of cryptocurrencies without the need for traditional order books and intermediaries. AMMs use mathematical algorithms and smart contracts to automatically match buyers and sellers, determine prices, and provide liquidity to the market.


主要說明:

An “automated market maker” (AMM) is a type of decentralized exchange (DEX) protocol that facilitates the exchange of cryptocurrencies without the need for traditional order books and intermediaries. AMMs use mathematical algorithms and smart contracts to automatically match buyers and sellers, determine prices, and provide liquidity to the market. They are a key component of decentralized trading and have gained significant popularity in the cryptocurrency space.