Harry 
title
amm is an autonomous system used by decentralized exchanges or dexes to facilitate trading unlike centralized exchanges where trades rely on matching buyers and sellers amm use Smart contracts and something called liquidity pools to make trades happen instantly so instead of dealing with people you're trading directly against liquidity stored in smart contracts and prices are determined algorithmically by the balance of tokens in these pools the beauty of this is that everything is automated and it works 247.
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