Tag

AMM

2 articles

Geometric dual-asset automated market maker liquidity pool structure.

Understanding Liquidity Pools

Liquidity pools are the engine behind most decentralized exchanges. Learn how they price trades, what liquidity providers earn, how impermanent loss works with worked examples, and how concentrated liquidity changes the picture.

Solana Journal Editorial Team3 November 20265 min read

Decentralized exchange peer-to-peer liquidity network and smart contract trading routes.

DeFi

What Is a Decentralized Exchange?

Decentralized exchanges let you trade crypto directly from your own wallet, without handing your funds to a company. Here is how they work, the main designs, what you pay, and the risks to understand first.

Solana Journal Editorial Team3 November 20265 min read