$UNI can now offer traders decentralized experience with institutional-tier liquidity thanks to AMM technology
The research also suggests that besides Ethereum and Bitcoin pairs, stablecoin liquidity on the protocol largely exceeds the liquidity on Binance. Reportedly, Uniswap has 5.5 times more liquidity than the biggest centralized cryptocurrency exchange in the world.decentralized manner
. The main issue with low liquidity is the slippage traders used to experience on pairs with low liquidity. Paradigm presents an example in which the impact of low liquidity would bring a trader $24,000 in losses for a position worth $5 million on the Ethereum/USD pair, including fee expenses on Uniswap and Coinbase.
While traditional markets are still dominating the trading industry, Paradigm provides insight into the effectiveness of AMMs that lower the barrier of creating new markets and providing institutional-tier liquidity for them.
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