Why must DeFi choose AMM instead of order books?
In addition to lacking the typical advantages of DeFi, they also cannot operate like DeFi solutions—opening the doors of the market maker club to the people on the street, allowing them to participate and share in the profits. Due to the massive trading volume of dYdX, it generates huge profits for its market makers every day, but this has nothing to do with you and me outside the aristocratic club.