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I POST THINGS

@KEK6900

WORLD-CLASS INVESTOR

Katılım Aralık 2024
68 Takip Edilen16 Takipçiler
Arjun
Arjun@clipsofcrypto·
Prop AMMs vs Orderbooks "Order books were built for CeFi. It's really silly to take something built for CeFi and try to move it to DeFi" Temporal CEO Ben Coverston on why programmable liquidity beats orderbooks onchain "An AMM is passive liquidity. It doesn't update itself. A prop AMM has sophisticated trading firms constantly running them, updating quotes, with predictive pricing models that actually predict where the price is going" "The main advantage with a prop DEX is you can run all your logic onchain. The problem with an order book is you've got to wait for information to come back, react, and send it back. But if you control the contract, you can run your logic literally inside of the transaction" "If order books were the correct model, you'd see order books winning in spot. But they're not. Market makers need to run their logic onchain because that's as real time as you can possibly get"
Jump Crypto 🔥💃🏻@jump_

1/ PropAMMs and the Next Chapter of Permissionless Market Structure For years, onchain trading won on access, lost on execution. Some feel better performance requires moving backwards to centralized systems PropAMMs on @solana are proving permissionless can outcompete centralized

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