The Maturity of DeFi Requires a Shift from Automated Market Makers to Central Limit Order Books | HackerNoon
Briefly

Automated Market Makers (AMMs) revolutionized DeFi asset trading by enabling straightforward swaps without the need for traditional order books, making them the dominant trading method.
CLOBs require high transaction throughput and low latency to match and execute orders efficiently, which poses a challenge for most blockchains, especially Ethereum.
The emergence of DeFi-based CLOBs signals that the DeFi sector is maturing and positioning itself for a wave of institutional engagement and improved trading mechanisms.
The integration of both AMMs and CLOBs can help create a robust DeFi ecosystem that accommodates a diverse user base, leveraging the strengths of each.
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