In this episode I will be reading, “What explains the rise of AMMs?” by Haseeb Qureshi. In this piece, Qureshi lays out how Uniswap, DeFi’s biggest Decentralized Exchange, works under the hood and sheds light on the following questions:

-How Automated Market Makers (AMMs) work?

-How was Uniswap able to at times surpass centralized exchanges like Coinbase?

-How will this technology evolve?

Hope you enjoy the episode!