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

Afaik most AMMs aren't "actually decentralised"

Product dev, minimalist, surfista...

@velodrome / @aerodrome

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.