# Parth

By [Untitled](https://paragraph.com/@0xd1649c71594fbcbb5c5a948e03e40df52794721c) · 2024-04-27

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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/@0xd1649c71594fbcbb5c5a948e03e40df52794721c/parth)*