List of top Automated Market Maker (AMM) coins by market cap. The current Automated Market Maker (AMM) coin market cap is $3,61B , which has changed by -%3,02 in the past 24 hours; the Automated Market Maker (AMM) coin trading volume is $4,22M, which has changed by +%0,32 in the past 24 hours. There are 61 cryptocurrencies in the Automated Market Maker (AMM) coin list today.
An Automated Market Maker (AMM) is a decentralized exchange mechanism that enables users to trade cryptocurrencies directly from liquidity pools rather than relying on traditional order books. AMMs use algorithmic pricing formulas, most commonly the constant product formula (x*y=k), to automatically determine asset prices based on the ratio of tokens in a pool. Users can become liquidity providers by depositing equal values of two assets into a pool and earning a portion of trading fees generated from transactions. Popular AMM protocols include Uniswap, SushiSwap, and Curve Finance, which operate on various blockchain networks. AMMs have revolutionized decentralized finance by making it easier for anyone to trade tokens without intermediaries, though they may face challenges such as impermanent loss for liquidity providers and potential slippage during large trades. The AMM model has become fundamental to the DeFi ecosystem, enabling efficient token swaps and price discovery in a permissionless manner.