🥳 Learn about Magma Finance ALMM
Sui's First ALMM - Magma Finance
Magma Finance ALMM is an evolved form of AMM designed to further enhance the efficiency of existing liquidity models. Unlike traditional AMMs or CLMMs, ALMMs utilize a range-based liquidity structure. Each range represents a specific price level (e.g., $3.00, $3.10, $3.20 for the SUI/USDC pair), and liquidity is allocated to that price range.
This structure combines the automation of an AMM with the precision of an order book, creating a stepped liquidity curve.
The benefits include improved capital efficiency and simplified LP operations, eliminating the need for complex range management.
Users also benefit from slippage-free trading.
For more information, please refer to the magma finance docs below.
magma-finance-1.gitbook.io/mag...