Fleta AMM Dex
An automated market maker (AMM) is a type of decentralized exchange (DEX) protocol that relies on a mathematical formula to price assets. Instead of using an order book like a traditional exchange, assets are priced according to a pricing algorithm.
Traditional market-making usually works with firms with vast resources and complex strategies. Market makers help you get a good price and tight bid-ask spread on an order book. Automated market makers decentralize this process and let essentially anyone create a market on a blockchain.
Fleta has a high-quality mainnet that is capable of running AMM Dex with less fee burden and high speed.
Once Fleta Connect ecosystem grows, we will launch our own AMM Dex so users can use it in a more decentralized way and trade efficiently.