AMM’s have failed to innovate over the last 4 years. This directly contrasts to Solana’s prop AMM ecosystem who innovate seemingly daily. During "normal" market conditions, prop AMM's like @humidifi_ dominate SOL/USDC volumes. However, these centralised entities can just stop quoting should they feel like it. This means that they DO NOT suit Defi composability, as they present unreliable liquidity. Lending protocols cannot depend solely on prop AMM's for this reason. Doing so, will risk bad debt. During the dump, they facilitated basically 0 volume for ~35 minutes. If we fail to innovate on chain liquidity/AMM's, we risk Defi composability. We need to innovate AMM's. The future of Defi literally depends on it. Watch @0xfluid DEX v2. The first major leap in DEX innovation in years.