TWAMM Protocol is a new form of AMM that was designed by Paradigm and realized in Pulsar.Disadvantages of AMMsWhile current Automated market makers (AMM) like Uniswap allow traders to swap a pair of assets instantaneously, traders may experience loss of assets due to high price impact (i.e. high slippage) in large order trades, hence are more susceptible to being front-run.TWAP Order in Centralized FinanceIn centralized finance, large trades are handed over to brokers who place algorithmic tr...