Season 6 | Episode 3

Today we dive into the world of central limit order books and automated market makers with DEX builders Eugene Chen, co-founder of Ellipsis Labs, and Doug Colkitt, co-founder of Crocodile Labs. The team explores how factors like gas costs, latency, and modular "hooks" are shaping the evolution of onchain trading and DEX designs. The conversation then explores taking DEX components offchain and if it's antithetical to the point of DeFi. To close things out the team discusses the end game of DEX design.

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Maverick Protocol is a DeFi infrastructure provider focused on increasing industry efficiency, powered by Maverick AMM. Maverick helps token projects, DAO treasuries, liquidity providers or anyone in DeFi shape their liquidity with efficiency and flexibility. In other words, Maverick makes your liquidity smarter.

Shape liquidity for your token today on Maverick at https://app.mav.xyz/bellcurve

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Timestamps:

(00:00) Introduction

(01:57) Interview Start: Alex & Jason

(02:02) CLOBs vs AMMs

(10:17) “Maverick Ad”

(11:32) CLOBs vs AMMs

(12:35) Efficiency of Onchain CLOBs

(18:51) The Constraints of Latency

(23:02) AMMs & Passive Liquidity

(32:41) Offchain Components

(46:27) DEX Design End Game

(52:10) Market Structure of AMMs vs CLOBs

(56:55) Outro

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Follow Dan: https://twitter.com/danrobinson

Follow Mike: https://twitter.com/MikeIppolito_

Follow Doug: https://twitter.com/0xdoug

Follow Eugene: https://twitter.com/0xShitTrader

Subscribe on YouTube: https://bit.ly/3R1D1D9

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Resources:

Ellipsis Labs

https://ellipsislabs.xyz/

Ambient Finance

https://us.ambient.finance/

Crocswap Blog

https://crocswap.medium.com/

Jaredfromsubway MEV Bot Strategy

https://x.com/bertcmiller/status/1656392876438462464

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Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

AMMs vs DEXs: DeFi's First Debate Revisited | Season 6 Episode 3 01:16:17 Share

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AMMs vs DEXs: DeFi's First Debate Revisited | Season 6 Episode 3