The invention of the Automated Market Makers has been one of the most significant innovations in the history of DeFi. When Uniswap V1 launched, it enabled permissionless, open and decentralised trading on a scale that wasn’t possible before. That was almost four years ago, V2 followed in 2020, and V3 was released last May. For over two years, most decentralised exchanges used Uniswap’s code or variations of it. Now Trader Joe takes the next step and opens a new page in the book of DeFi.
Liquidity Book: A New Frontier for AMMs
Liquidity Book: A New Frontier for AMMs
Liquidity Book: A New Frontier for AMMs
The invention of the Automated Market Makers has been one of the most significant innovations in the history of DeFi. When Uniswap V1 launched, it enabled permissionless, open and decentralised trading on a scale that wasn’t possible before. That was almost four years ago, V2 followed in 2020, and V3 was released last May. For over two years, most decentralised exchanges used Uniswap’s code or variations of it. Now Trader Joe takes the next step and opens a new page in the book of DeFi.