vAMM

AMOK’s vAMM is significantly better than other exchanges, including AMM ones. Here is why:

⦁ AMOK does not use any liquidity/liquidity providers ⦁ AMOK has no order book; it is fully AMM-based ⦁ AMOK’s traders are reflected in the on-chain price, i.e. the price moves when positions are opened/closed only.

Traders use USDC as collateral to trade positions in a given asset. Every time a trade takes place, AMOK’s vAMM calculates entry/exit prices identically to how e.g. Uniswap calculates prices.

With AMOK’s vAMM, there is no trade taking place, as traders enter and leave the platform with USDC instead of different assets (the case with Uniswap). The asset itself is thus never held within the platform.