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AMM

AMM

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**AMM**

What is AMM?

An Automated Market Maker (AMM) is a type of decentralized exchange (DEX) protocol that relies on a mathematical formula to price assets. Instead of using an order book like traditional exchanges, assets are priced according to a pricing algorithm. Liquidity providers supply the assets that the AMM uses for trading and earn fees in proportion to their share of the total liquidity.

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