Published in collaboration with Shoal Research Aori: A New Paradigm to Market Making ProtocolsPart 1: IntroductionAori is an orderbook DEX that aims to enable efficient on-chain markets through a non-custodial HFT environment that benefits market makers and takers alike. We are part of an emerging shift in DeFi towards leveraging off-chain infrastructure to enable greater capital efficiency and user experience on-chain. Outsourcing various computational logic off-chain has enabled projects li...