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13min chapter
AMMs vs DEXs: DeFi's First Debate Revisited | Season 6 Episode 3
Bell Curve
Automated Market Makers (AMMs) Moving Closer to Limit Order Book Implementation
This chapter discusses the relationship between Automated Market Makers (AMMs) and central limit order books, highlighting recent changes that have made AMMs move closer to limit order book implementation. The speakers also explore the concept of programmable liquidity and the design space for gas-cost environments. They debate whether a pure naive limit order book implementation will be the final state for on-chain liquidity.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode