Automated Market Maker (AMM)

List of top Automated Market Maker (AMM) coins by market cap. The current Automated Market Maker (AMM) coin market cap is $3.39B , which has changed by -3.54% in the past 24 hours; the Automated Market Maker (AMM) coin trading volume is $1.46M, which has changed by -0.11% in the past 24 hours. There are 60 cryptocurrencies in the Automated Market Maker (AMM) coin list today.
An Automated Market Maker (AMM) is a decentralized exchange protocol that enables users to trade cryptocurrencies directly from liquidity pools rather than relying on traditional order books. AMMs use mathematical formulas, typically the constant product formula (x*y=k), to determine asset prices automatically based on the ratio of tokens in the pool. Liquidity providers deposit equal values of two tokens into smart contracts to earn a portion of trading fees, while traders can swap tokens instantly with minimal slippage. Popular AMM platforms include Uniswap, SushiSwap, and PancakeSwap, which have revolutionized decentralized finance by making trading more accessible and capital-efficient. The AMM model eliminates the need for market makers and centralized intermediaries, allowing anyone to participate in liquidity provision and benefit from the trading volume. However, AMMs face challenges such as impermanent loss for liquidity providers and potential price manipulation, making them an important but complex component of the DeFi ecosystem.