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Is DeFi Ready for Mainstream Adoption? | EP 20
Good Game
The Evolution of Order Books in the Spot Market
Blur and Ajna both replace the dependency on Noracles with dependency on market participants. Liquidators are also needed in traditional protocols that have oracles as well. And I think ultimately, order books are actually an efficient end state. We will not leave AMMs behind, we will not leave pooled models behind, but they will likely be constituted on top of underlying order book-like systems.
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