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The Polylog Crypto Intelligence Brief

Morning Edition · Monday, July 27, 2026Published at 1:22 AM EDT · New York

Ethereum Researchers Study Proprietary AMMs That Now Handle a Third of Solana's On-Chain Trading

The design lets professional market makers run active strategies inside composable contracts using cheap, fast oracles, and the question is whether it can move to Ethereum.

Ethereum Researchers Study Proprietary AMMs That Now Handle a Third of Solana's On-Chain Trading

A new post on the Ethereum Research forum examines proprietary automated market makers, a contract design its authors say already facilitates about one third of on-chain trading volume on Solana. Automated market makers (AMMs) are the contr…

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Coordination Design Becomes Crypto's Technical Frontier

As execution and data availability are commoditized, the contest in crypto shifts to mechanism and market-microstructure design, and protocols that get incentive alignment right capture value that raw performance no longer confers.