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This screener page sorts the AMM sector which is a decentralized exchange model that uses algorithms and smart contracts to automate liquidity and price spread for asset trading. Unlike the Orderbook model that relies on market makers, AMM involves users in contributing liquidity to a pool. The assets are then traded through the pool. To compare the best AMMs currently available, see the overview of the features and benefits of some of the leading AMM projects.
Curve DAO is an AMM designed for Stablecoins such as USDT, USDC, DAI, UST, and more. Users prefer trading Stablecoins on Curve as opposed to Uniswap because the latter requires high slippage for assets of similar value.
Uniswap remains the "King of AMM" with exceptional trading volume, despite having a lower TVL than CRV. Its success with V2 led to the launch of V3, featuring new features like Concentrated Liquidity, Range Orders, and Flexible Fees.
Pancakeswap, the biggest AMM on BSC, serves as the liquidity center for the entire ecosystem. Pancakeswap's extensive range of features, including Lottery, IFO, and Syrup Pools, make it an attractive platform for users and increase the application of CAKE.
Sushiswap, initially a Uniswap V2 fork, has developed its approach to the market, expanding into different products such as Kashi, Miso, and xSUSHI, not just AMM. Sushiswap operates on multiple chains, including Ethereum, BSC, Polygon, Fantom, xDAI, HECO, and recently, Avalanche, using the Multichain approach.
Related Categories: DEX
Source Coin98
Check out our AMM coin screener page to track the strongest and weakest trends in the AMM sector. You can sort AMM coins by market cap, trend streak, exchange, and derivatives. And don't forget to always use the Market Health Screener to make sure you're trading with the current trend.
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