Skate, an integrated liquidity platform, whose infrastructure layer gives powers to a cross-chain virtual machine environment, has launched the first automatic market-maker protocol that will work in top blockchain.
As AnnouncementSkate AMM allows users to navigate all top virtual machines, or VM, in the atmosphere, including atherium (ETH), solana (sol), and ton blockchain (ton). This means that users on the SVM series can originally interact with the EVM or native apps on the TONVM series.
It is an interoperability milestone that can see the decentralized finance ecosystem records fresh, quick innovation and adoption.
At the top of EVM, Solanavm and Tonvm, the skate amm moves among others in the VM atmosphere of SUI, movement and eclipse. Cross-VM is supported for interactions while users benefit from integrated liquidity and pricing.
Legacy being interrupted as a unbroken design with AMM means that they become silent on a supported series. It forces each new series to bootstrap its own AMM, in which the liquidity provides divide the capital to divide the capital, resulting in poor pricing and slippery.
Skate AMM addresses Thi with a stateless design which means multi-chain and multi-VM support.
Instead of fragmented liquidity and pricing, AMM brings into a prescribed liquidity state and hub game. Users can tap in liquidity from any supported chain, actively provide protection through the economic trust of the Etharium Rasking Protocol Egenlair with valid service operators.
According to the skate team, separating the core AMM logic from asset detention results in integrated liquidity and better pricing. The assets of users remain on the native chain, which eliminates the bridging risks.
While this means that “deep liquidity, low slippery and better pricing” for traders, the implications for LPS include better fees revenue, more user experience and capacity for high capital efficiency.
Skate AMM will benefit users in mental, hyperlicid, berachain, monad, arbitrum, story protocol, sonic SVM, soon, ZksyNC and APTOS.
