We use necessary cookies for site function. For analytics and marketing, we need your consent. You can change your mind anytime. Privacy Policy

Glossary/Automated Market Maker (AMM)

Automated Market Maker (AMM)

A type of decentralized exchange protocol that prices assets algorithmically using liquidity pools instead of a traditional order book.

AMMs like Uniswap or Stellar’s built-in pools quote prices from a mathematical curve, so anyone can trade instantly or earn fees as a liquidity provider. Stellar includes AMMs at the protocol layer.