Haedal Launches PropAMM Quantitative Market-Making Engine on Sui

HAEDAL0.74%
SUI2.21%
SOL6.69%
According to Foresight News, Haedal, a capital efficiency protocol on Sui, has launched Haedal PropAMM, a proprietary market-making engine driven by quantitative trading strategies. The new product runs alongside Haedal's existing market-making product HMM. While HMM conducts active market-making based on oracle pricing, Haedal PropAMM adds a more flexible proprietary strategy layer to handle Sui trading flow from major aggregators and trading gateways. The new engine aims to capture on-chain volatility more flexibly and convert trading flow into protocol sustainable revenue. Jump Crypto data cited by Haedal shows that in March this year, a leading PropAMM on Solana processed $19.87 billion in trading volume on SOL/USDC and SOL/USDT pairs, equaling the combined SOL dollar-denominated trading volume of Binance, Coinbase, OKX, and Bybit.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments