
UTodayRipple CTO Emeritus David Schwartz sheds light on XRPL AMM DEX peculiarities. In the tweet, Schwartz stated that the XRPL "is" a DEX; in fact, it is the world's first DEX, fully functional since 2012. Reacting to this, an X user asked if the AMM feature was native to the…

Crypto EconomyHayden Adams, the creator of Uniswap, countered arguments about the supposed unsustainability of automated market makers (AMMs). A public critique suggested these systems cannot maintain themselves because they structurally underpay liquidity providers. Adams responded by pointing to continued growth in Uniswap’s liquidity pools as evidence of viability. The developer also…

BlockworksYield Basis (YB) is a novel DeFi mechanism that uses leverage to eliminate impermanent loss (IL) from AMMs. The founder of Yield Basis is the same founder as Curve, and synergies exist between the two. The mechanics of how this mechanism works can be found here. After years of witnessing…