# AMM vs AVMM

Here are some key fundamental differences between AMMs and AVMM:

<table data-header-hidden><thead><tr><th width="174"></th><th></th><th></th></tr></thead><tbody><tr><td>Parameters</td><td>AMMs</td><td>AVMM</td></tr><tr><td>Price Discovery</td><td>Price Curves</td><td>Price Oracles</td></tr><tr><td>Liquidity Pool Type</td><td>Symmetric/Asymmetric Dual-Sided Public Pools</td><td>Asymmetric Single-Sided Private Pools</td></tr><tr><td>Fee Sharing</td><td>Percentage holding of the TVL in the Liquidity Pool</td><td>Percentage of the Trading Volume Settled</td></tr><tr><td>Fee Structure</td><td>Multiple Fee Tiers</td><td>No Fee Tiers; Dynamic Fee Discounts</td></tr><tr><td>Order Routing</td><td>Routed via smart contracts based on liquidity and slippage</td><td>Routed via Dextr AVS based on price and LP rank</td></tr><tr><td>Design &#x26; Architecture</td><td>Single-Chain Architecture</td><td>Multi-Chain Architecture</td></tr><tr><td>Price Ranges</td><td>Concentrated liquidity ranges in token pairs</td><td>Adaptive liquidity ranges in USD with stop-loss and take profit</td></tr><tr><td>Liquidity Management</td><td>Dynamic Pool Rebalancing driven by arbitrageurs</td><td>Dynamic Liquidity Rotation driven by order routing</td></tr><tr><td>LVR Protection</td><td>Leadsearcher auctions redistribute value, but do not fully eliminate</td><td>LVR doesn’t exist due to single-sided pools that dont require rebalancing</td></tr><tr><td>MEV Protection</td><td>TWAP/Batch Auctions, doesn’t fully eliminate MEV</td><td>ZK Proofs-based slashing and compensation for comprehensive MEV protection</td></tr><tr><td>Token Listing Mechanism</td><td>Requires separate pools for each trading pair</td><td>Unified; Enables shared liquidity across pairs</td></tr><tr><td>Token Utility</td><td>Governance, Payments, and Settlements</td><td>Indemnity, Underwriting, and Governance</td></tr></tbody></table>


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