The crypto space is moving forward with new ideas emerging for new approaches to existential problems, like the need for better Automated Market Makers (or AMMs). AMMs are crucial to the decentralised finance (DeFi) ecosystem, particularly. for the shift from centralised to decentralised exchanges. But they have a weakness: impermanent loss.
To address it, there is a need to build a more stable system, says the CEO of D/Bond, Yu Liu. One of the ways to do that is to replace the existing AMM system with the Automated Pair Maker (APM).