Uniswap’s founder counters claims of AMMs unsustainability

Uniswap founder Hayden Adams has pushed back on claims that automated market makers (AMMs) cannot be sustained. The critic he was responding to identified liquidity providers’ (LPs) structural underpayment as the basis for their unsustainability. However, Hayden Adams emphasized that there is real-world growth in Uniswap pools as evidence of viability, with V4 hooks set […] source: https://www.cryptopolitan.com/uniswap-founder-counter-amm-unsustainability/