The new automated market maker aims to revolutionize DeFi by enabling seamless liquidity across multiple blockchain environments.
Skate Introduces Cross-VM AMM
Skate, a liquidity platform designed to unify blockchain ecosystems, has launched an automated market maker (AMM) that supports multiple virtual machine (VM) environments. This breakthrough allows users to interact across Ethereum, Solana, and Ton Blockchain seamlessly.
Introducing Skate AMM The first AMM to operate across multiple VM environments including @solana, @ethereum, @SuiNetwork, @ton_blockchain, @movementlabsxyz, @EclipseFND and more, while maintaining one unified pricing curve. Powered by Skate’s cross-VM architecture.
Interoperability Milestone in DeFi
Skate AMM enables cross-chain interactions between EVM, SolanaVM, and TonVM environments. This innovation enhances the decentralized finance (DeFi) ecosystem by promoting efficient liquidity sharing. The protocol also supports Sui, Movement, and Eclipse, expanding its reach.
Breaking the Barriers of Legacy AMMs
Traditional AMMs often operate within isolated chains, requiring new blockchains to bootstrap their own liquidity pools. Skate AMM eliminates this inefficiency by implementing a stateless design that supports multi-chain liquidity aggregation.
Unified Liquidity and Security Features
Users benefit from a canonical liquidity state, ensuring better pricing and reduced slippage. The integration of Ethereum’s EigenLayer restaking protocol provides additional security. Unlike conventional bridging mechanisms, assets remain on their native chains, mitigating risks.
Enhanced Benefits for Traders and LPs
For traders, Skate AMM offers deeper liquidity and improved pricing. Liquidity providers (LPs) gain increased capital efficiency and higher revenue potential. The model enhances the overall user experience by minimizing fragmentation.
Expanding Skate AMM’s Reach
Skate AMM is set to benefit users across major DeFi platforms, including Mantle, Hyperliquid, Berachain, Monad, Arbitrum, Story Protocol, Sonic SVM, SOON, ZKSync, and Aptos. The protocol is positioned to redefine liquidity management in the multi-chain DeFi landscape.
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