The trouble with automated market makers -Breaking
Automated market makers are a problem
These automated market makers can be viewed as a real public good for crypto. It allows decentralized trading and supports the DeFi ecosystems. They are not perfect, says digital economist Christos A. Makridis.
Since 2021, the decentralized finance market (DeFi), has risen from less than $20 billion to almost $160 billion. This compares to a growth in total cryptocurrency markets from $433 billion up to $2.5 trillion during the same time period.
Challenger business models
New business models