# Tiffany

By [Untitled](https://paragraph.com/@0x3590f54eec12168ebbaad0d71ec5d51ce1ac2b5f) · 2024-04-28

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What role do liquidity pools play in decentralized exchanges (DEXs) and automated market maker (AMM) protocols?

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*Originally published on [Untitled](https://paragraph.com/@0x3590f54eec12168ebbaad0d71ec5d51ce1ac2b5f/tiffany)*