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

AMMs are second class citizens. We are already moving towards RFQs which are just market-makers quoting from clobs

building @so many products • prev. @everyname (acq) @nethermind @proximacapital @consensysacad • thomphreys.com

amms < clobs:
- decentralized on smart contract level; client/rpc is still centralized 
- arbitrage paradise for mms (wintermute)
- big UI/UX learning curve (bad slippage = sandwich, arb, front/back run) 
- less liquid than clobs
- fees suck

clobs are the backbone of defi. that said, I'm bullish on rfqs.

Question is more so in what ways is that better?

Meh disagree
Long tail assets benefit massively from AMM availability.

Also, what are we really building if we just push all our onchain orders to Wintermute?