Content pfp
Content
@
0 reply
0 recast
0 reaction

Haardik pfp
Haardik
@haardikkk
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?
11 replies
4 recasts
25 reactions

Stas pfp
Stas
@stas
Afaik most AMMs aren't "actually decentralised"
1 reply
0 recast
1 reaction

Haardik pfp
Haardik
@haardikkk
Please expand?
1 reply
0 recast
0 reaction

Stas pfp
Stas
@stas
Most of the AMMs are powered by centralised APIs that cache and alter or "normalise" the onchain data. Their front-ends aren't realtime nor standalone. There's almost no difference between such products and CEXes except for the smart contract powered settlement/database. This trend is taking off under the decentralisation flag which is at least inaccurate and at most a lie to the end users.
1 reply
0 recast
0 reaction

Haardik pfp
Haardik
@haardikkk
Are you talking about offchain routing? Finding a path to route your trade? I don’t think that makes it centralized - you can build your own router and it’s not *that* hard to do if you really want to
1 reply
0 recast
0 reaction

Stas pfp
Stas
@stas
I'm talking about APIs feeding apps in DeFi. When we have a centralized piece of software, we should not call ourselves decentralized. It's not about hard/easy, it's about projects not doing their job. If it was that easy, we wouldn't have this conversation, right? 😉
1 reply
0 recast
1 reaction