Automated market makers (AMMs) are part of the decentralised finance (DeFi) ecosystem. They allow digital assets to be traded in a permissionless and automatic way by using liquidity pools rather than a traditional market of buyers and sellers. AMM users supply liquidity pools with crypto tokens, whose prices are determined by a constant mathematical formula. Liquidity pools can be optimised for different purposes, and are proving to be an important instrument in the DeFi ecosystem.
Milliard Capital invests in and provides liquidity for AMMs such as UniSwap, SushiSwap and Curve in the Ethereum ecosystem; PancakeSwap on the Binance Smart Chain; and other AMMs in the Solana ecosystem.