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?

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

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