New AMM Saddle Had Bit of a Rocky Start
Everybody hates slippage. That’s the problem Saddle, the freshly launched dApp “designed to enable efficient trading between pegged value crypto assets,” aims to tackle. And while the project quickly reached its initial deposit cap, it wasn’t without a couple of hiccups. Saddle is a new automated market maker (AMM) that intends to provide liquidity for…
By: Dan Kahan •
DeFiEverybody hates slippage. That’s the problem Saddle, the freshly launched dApp “designed to enable efficient trading between pegged value crypto assets,” aims to tackle. And while the project quickly reached its initial deposit cap, it wasn’t without a couple of hiccups. Saddle is a new automated market maker (AMM) that intends to provide liquidity for…
Loading this article…
Advertisement
Free newsletters
Good reporting. Delivered.
Choose your coverage: crypto and DeFi, the future of finance, or both.
Free. Unsubscribe anytime.





