I’m eligible for the @MMTFinance Title Deed NFT! I can nominate 3 people, and each nominee has a chance to receive their own NFT. Who wants a nomination? Drop your comment below 👇 The flash crash happened last week showed that order books can be very vulnerable during extreme events. MM can quickly withdraw their quotes, leading to gaps in liquidity and sudden drops in price. Order Book vs AMM: Key Differences Order books rely on active market makers for liquidity. AMMs provide liquidity through deposited assets, which can be verified on-chain. The crash highlighted the illusion of liquidity in order book models. Behavior in Extreme Cases During rapid drops, market makers may withdraw, causing gaps and jumps in prices. AMMs keep prices stable and liquidity constant through algorithms, reducing shocks. Visibility of Liquidity In AMMs, liquidity, asset ratios, and slippage are fully visible on-chain. Order book systems are less transparent, hiding order activity and risks. @MMTFinance's positioning Momentum is a concentrated liquidity AMM DEX, built natively on Move and using the ve(3,3) incentive mechanism, focusing on deeper pools, lower slippage, and a better trading experience in the Sui ecosystem. Its design aims to create a virtuous cycle between liquidity provision and voting incentives. Growth Cycle (ve(3,3)) More liquidity and lower slippage attract more traders. More trading generates fees and rewards. Rewards and voting incentives encourage holding and adding assets, increasing the value of tokens like $MMT and others. More than a DEX Momentum also offers tools like Momentum X (identity, compliance, cross-chain RWA), a token launch platform, vaults for LP management, staking, and multisig tools. Its goal is to combine traditional assets with crypto assets, providing better trading, yields, and pricing.