Matteo Leibowitz - The Strategy Behind Crypto's Leading Decentralized Marketplace
I Pledge Allegiance
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How Important Is Retail Order Flow for AMMs?
How important do you think retail order flow is for AMMs and maybe compare that to a traditional brokerage? I think it's incredibly important. You can sort of debate the theory of a Dax venue that only receives upcharge flow but in practice arbitrage volume is primarily toxic. As an LP if you're not also sitting on the side of what's known as uninformed flow then you will just bleed out over time.
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