Everyone needs to be eternally grateful to Ethereum DeFi - so much foundational ideas were formed there that enabled the emergence of new DeFi ecosystems, including Solana. That said, we are seeing the next generation of DEX/AMMs with completely new ideas come mainly out of

AzFlin
@AzFlin
04-14
technical TLDR of meteora's DAMM v2: - can support token2022 - can collect fees purely in SOL/USDC - fees are dynamic (increase w/ volatility), just like DLMM - has a min & max price, and in between that range is xy=k - memecoin pool fee curve starts more aggressive, at 50%! x.com/MeteoraAG/stat…
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