Virtual AMM (vAMM)
By CoinGecko | Updated on Aug 13, 2021
An automated market maker (AMM) is a system that uses automated trading to offer liquidity to the exchange in which it operates. As the “virtual” part of the name implies, the vAMM functions similarly like an AMM but does not contain an actual asset pool. The real asset is instead stored in a smart contract vault that keeps track of all of the vAMM's collateral.
Related Terms
Buy Wall
Anomalously large buy order(s) at a single price point that reflects as a "wall" in the order book.
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A system where there are no centralized points of failure or organization with no central authority figure.
Mt. Gox
Mtgox or Mt. Gox was one of the first websites where users could take part in fiat-to-bitcoin exchange (and vice versa).
Atomic SWAP
Atomic Swap refers to the exchange of cryptocurrencies that operate in different block chains without intermediaries.
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