Kyle Samani:PropAMM 是几十年来市场微观结构中最重要的创新之一

SOL1,86%

Gate News 消息,3 月 12 日,Multicoin Capital 联合创始人 Kyle Samani 在 X 平台发文表示,PropAMM 是近年来市场微观结构中最重要的创新之一,甚至可能是几十年来最重要的创新之一。Samani 解释称,在传统中心化交易所中,不同做市商之间存在微小但真实的延迟差异,哪怕只是几微秒,也足以决定谁先更新报价、谁先成交。因此,在传统市场中,做市商需要投入大量资源来优化物理共址(co-location)、光纤、网络设备、硬件,目的就是为了在微秒级竞争中获得优势。PropAMM 的优势在于区块链本身直接"托管"了做市商算法,做市商更新价格所需要的延迟,只涉及电子在同一块物理硅片内部移动。如果上一笔市价单导致 SOL-USD 的价格发生变化,这个信息会立即对所有 PropAMM 可见,并用于下一笔市价单的定价。一切都发生在同一块硅片内部,服务器之间不再需要双向通信。

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Opmerking
0/400
Geen opmerkingen