Why the age of AMMs is ending: real-time chains and onchain CLOBs
Quote78 words
Argues real-time execution layers like MegaETH and app-specific chains like HyperCore usher in the CLOB era, and that DeFi will evolve with infrastructure. Links Messari research on CLOBs.
Key claims
MegaETH offers over 100k TPS and under 10ms block times
HyperCore processes 200k orders per second at 0.2s latency
The age of AMMs is coming to an end.
Real-time execution layers like @megaeth with >100k TPS and <10ms block times or app-specific chains like @HyperliquidX (specifically HyperCore) that process 200k orders/second at 0.2s latency, are ushering in the era of CLOBs.
DeFi will evolve alongside the maturing infrastructure, improving UX and giving rise to new, previously impossible, use cases.
@megaeth @HyperliquidX Linking some gud reserch by @MessariCrypto / @defi_monk on CLOBs
Enter the DEX endgame ↓
x.com/defi_monk/status/1925954133170823665
QUOTING @zerokn0wledge_
AMMs were a forced trade-off due to scalability constraints of early blockchains, including low throughput, expensive compute, and high latency. @megaeth removes these bottlenecks, enabling DeFi primitives like spot, perps, and even lending to evolve beyond simplistic curves to
AMMs were a forced trade-off due to scalability constraints of early blockchains, including low throughput, expensive compute, and high latency. @megaeth removes these bottlenecks, enabling DeFi primitives like spot, perps, and even lending to evolve beyond simplistic curves to
What came next · since 05 Jun 2025
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Zero has written 11 more pieces on MegaETH since this one.