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Jun 8, 2026Research

What Are PropAMMs, and Why Do They Matter?

by Agustin Munoz Gonzalez · 5 min

At POL we study DeFi market structure, and this post is part of that ongoing research. The mechanisms and numbers are sourced from public data and the teams’ own docs. Given the buzz PropAMMs have picked up, I’m going to borrow a few minutes of your time (I’ll pay you back with…