Uniswap Founder: AMMs Could Outcompete Traditional Market Makers as Tokenization Expands

Uniswap founder Hayden Adams said on X that automated market makers (AMMs) could gain a competitive edge over traditional market makers as the tokenization of real-world assets expands. He explained that tokenized assets can trade directly against the dollar as well as against other assets with similar price movements. Adams argued that grouping highly correlated assets reduces price volatility risk for liquidity providers, which lowers the cost of supplying liquidity through AMMs.