Hayden: Correlation trading pairs will drive AMM to become a core engine in global financial markets

The deposit amount of Aave V4 on Avalanche has approached $20 million and continues to reach a historic high. （Cointelegraph）

The research director of Galaxy stated on X platform that the Republican leadership in the House of Representatives has cancelled the voting arrangements for the weeks of September 21 and September 28. The House of Representatives will resume its session on September 14th for a four-day agenda, and then leave Washington until after the midterm elections, making the possibility of the CLARITY bill passing before the midterm elections extremely low.

According to Bitwise CEO monitoring, Robinhood Chain's daily revenue exceeds $2 million, with a cost of $15000, and it is stated that on chain finance has the financial service advantage of software profit margins.

SEC Chairman Mike Selig stated that the Trump administration is committed to ensuring that a new financial frontier is built in the United States. （Cointelegraph）

Uniswap founder Hayden stated in an article that correlation trading pairs are forming, and the path for AMM to move towards global dominance is becoming clear. In 1976, Jack Bogle raised $11.3 million when he launched index funds, and now passive investment has dominated the majority of US fund assets. Tokenization makes the market programmable, and Uniswap's cumulative trading volume has exceeded $4.6 trillion, driving the proportion of spot trading volume on decentralized exchanges to over 20%. The traditional financial market is dominated by market making companies, with Citadel Securities generating $12.2 billion in net trading revenue last year with $21 billion in trading capital. Blockchain is breaking this business bundle by introducing competition.