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Lecture
DeFi and DEXes: Liquidity Book Model
Description
This lecture covers the journey of DeFi and DEXes, starting with the inception of AMMs and the development of the Liquidity Book model. It explains the concept of discretized bin architecture, surge pricing, and fungible liquidity in detail. The instructor discusses the evolution from Uniswap V2 to the Liquidity Book model, highlighting the advantages and features of the new approach.
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