Who are Market Makers in Crypto and  How it works?

What is an AMM? An Automated Market Maker enables decentralized asset trading using liquidity pools & algorithms, without order books or intermediaries.

How AMMs Work -Users provide liquidity to pools. -Algorithms set asset prices based on supply/demand (e.g., x * y = k formula). -Trades happen directly via smart contracts.

Key Features - Decentralized trading. - Liquidity providers earn fees. - Automatic price adjustments via algorithms.

Popular AMM Platforms -Uniswap (Ethereum) -SushiSwap (DeFi features) -PancakeSwap (Binance Smart Chain)