It’s been almost a year since UnixwapX’s launch - bringing offchain liquidity to the largest DEX.

What happened? The AMM continues to fill 60-80% of total volume, even substantial volume of major tokens on CEXs. 

@jhackworth and I explored why:

It’s been almost a year since UnixwapX’s launch - bringing offchain liquidity to the largest DEX.

What happened? The AMM continues to fill 60-80% of total volume, even substantial volume of major tokens on CEXs. 

@jhackworth and I explored why: https://blog.variant.fund/the-future-of-dex-trading

Thanks for sharing! 200 $degen 

I somehow missed uniswapX &or forgot about it.

I prev thought there would be deep liquidity on AMMs and orderbook DEXs with limit orders built on top. Hence, liquidity on AMMs would become more passive, less used, less profitable over time.

It seems Dex aggregators & UniswapX skipp onchain orderbooks, onchain limit orders for intent systems and RFQ are directly filled by  market makers.

Do you think Uni v4 hooks will make a difference due to different execution? Will orderbook DEXs & limit orders become bigger and potentially impact this in the future the % that is routed to the AMM?