No Summary provided as the original text is short
- Automated Market Maker (AMM): A decentralized exchange protocol that uses algorithmic pricing and liquidity pools instead of order books to facilitate trades.
- Decentralized Exchange (DEX): A peer-to-peer marketplace where cryptocurrency traders transact directly without intermediaries, often using smart contracts for execution.
- Solana: A high-performance blockchain known for its low transaction costs and fast transaction speeds, hosting various decentralized applications and DeFi platforms.