Also: automated market maker
An AMM (Automated Market Maker) is a mechanism where token price is determined mathematically by the ratio of reserves in a liquidity pool, rather than through an order book. The best-known formula is the constant product (x*y=k), popularized by Uniswap.
On TON, STON.fi and DeDust run on AMM.
The unique identifier of an account or contract on a blockchain.
Abstract Datagram Network Layer — TON's low-level peer-to-peer protocol.
A group of transactions finalized by validators and chained to the previous block.
Bag of Cells — the binary serialization format for structured data and smart contracts in TON.
Centralized exchange — custodial exchange (Binance, OKX, Bybit).
Decentralized Autonomous Organization — on-chain governance via token-holder voting.
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