Osmosis

Osmosis is a DEX protocol, which means it uses smart contracts to determine the price of digital assets, to produce liquidity via a peer-to-peer (P2P) methodology, and to exact trades between users. This approach to an exchange platform is known as an AMM — a DEX protocol that prices crypto assets in liquidity pools

“The Osmosis AMM and OSMO Crypto Staking | Gemini.” Gemini, www.gemini.com/cryptopedia/what-is-osmosis-crypto-staking-osmo-token-cosmos#section-the-osmosis-amm.