Another star project! propAMM DEX @metricxyz is officially live 1/ Some basic info: ▌Former Uniswap Engineering Director @CGkol is the CTO. The protocol's current TVL is only $4.99M, still in the very early stages. 2/ How is it different from traditional AMMs? Traditional AMMs passively adjust prices. When the pool's price deviates from the market, it relies on arbitrage traders to step in and trade to bring the price back in line. Metric takes a different approach: ▌Incorporates oracles to directly fetch market reference prices; ▌Liquidity dynamically adjusts with price, instead of being fixed on a constant product curve; ▌Market makers can customize quotes around the reference price, giving them more control. This mechanism is naturally better suited for assets with clear external price anchors: stock tokens, stablecoins, and mainstream crypto assets like BTC and ETH. You could say Metric's design goal has been clear from day one: to bring real-world market prices for stocks, forex, gold, and more directly on-chain. 3/ Final thoughts: Stay tuned! If there are any upcoming events, make sure to participate.