DeFi

AMMs:
- better UI/UX
- largest trading volume
- available everywhere
- actually decentralized
- nicely composable
- crypto native
- not wintermute

why do you think CLOBs are still better?

haardik.dev | Founder @learnweb3 | lead instructor /uniswaphooks | building @openfarcaster

Co-Founder & CEO at @maxapy & @turingcapital | Founded MAD Lions KOI, as well as source{d} & Tyba | /crypto since 2012 | ✝️

CLOB requires less capital in the book for the same volume of exchange compared to AMMs, but AMMs are still a great invention for newer markets

Genuinely out of good faith - I don’t see how? Can you illustrate with an example?

for Uni V2, the LP capital is spread across the whole price range 0 to +inf, this is highly reduced with V3 but not as optimal as the granularity that CLOB offers

v2 style AMMs are definitely not the comparison to make here hahah

v3/v4 have a lot more granularity. And on chains other than ETH L1, many implementations can have even more granularity thanks to the cheaper gas costs