Uniswap founder Hayden Adams stated that with the tokenization of real assets, the path for AMM to become the core trading engine in global financial markets is clear. Blockchain breaks down the capital, execution, and settlement processes of traditional market makers, allowing liquidity providers and asset issuers to participate in market making at lower costs. On Robinhood Chain, 10 tokenized stocks and SPY form a Uniswap liquidity pool, with a cumulative transaction volume of approximately $33 million within 12 days of launch. Some transactions can be directly completed between different stocks. Hayden Adams stated that although Uniswap's cumulative trading volume has reached approximately $4.6 trillion, AMM is still in its early stages of development and there is room for improvement in mechanism design and ecological aspects in the future.