AMM stands for automated market maker. An AMM enables digital assets to be traded in an automatic, trustless and permissionless way using algorithms and liquidity pools rather than a market of buyers and sellers using a traditional order book.
Automated market makers have quickly become standards in the DeFi space because of their ability to offer opportunities for both traders and liquidity providers. Traders can experience instant trades at market price 24/7 and liquidity providers can capitalize from the earning of fees on the platform.
Automatic market makers can be configured in different ways to serve different purposes.
Learn more about the uTrade V2 AMM in our developer docs here or watch the video below for a brief introduction to some of the features of uTradeV2.