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Content
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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?
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​woj
@woj.eth
LPs get rekt by default
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Haardik
@haardikkk
do you mean through impermanent losses or loss-versus-rebalancing? IL is not really a problem that CLOBs solve for either LVR can be significantly improved through various mechanisms (e.g. LBPs or auctioning top-of-block txn slots) without outsourcing your entire orderflow to wintermute
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