Liquidity Book and the Future of AMMs

on YouTube ↗14m

" summary

Trader Joe launches Liquidity Book next week, a discretized liquidity AMM with bin architecture that implements concentrated liquidity as adjacent constant-sum bins on Avalanche. Each bin mints an ERC receipt token so positions are fungible and users can add, remove or modify a single bin without burning the whole range. Trades hit the active bin with zero slippage, a volatility accumulator awards extra fees when bins are crossed, and stable-swap pools deploy at launch.

AI-written summary · about

" chapters (5)

1. 0:00Overview of Trader Joe
2. 4:30Introducing liquidity book
3. 6:55Customizing liquidity
4. 10:11Pricing and future outlook
5. 13:38Closing remarks

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