How cross-chain liquidity aggregation can shape the future of DeFi

Cointelegraph

Published Aug 02, 2021 03:39PM ET

Updated Aug 03, 2021 05:40PM ET

As decentralized exchanges now represent a significant amount of crypto trading volume, it is vivid that these platforms will play a big role in the smart economy of the future.

Automated market makers, in particular, changed the game by eliminating the need for order books entirely and replacing them with liquidity pools. This model was a win-win for both traders executing swaps and liquidity providers incentivized to supply their tokens and earn fees from traders.

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