XRPL-Standards VS clio

AMMs provide a new way to convert between assets that complements the DEX’s order books. Unlike offers, which have fixed exchange rates, the AMM exchange rate varies continuously as liquidity is consumed from the AMM pool according to a constant product formula (see XLS-30 for details). The payment engine needs a way to compare the discrete liquidity from an offer with the continuous liquidity from an AMM to provide the most cost-efficient path for payments.

In my view DIDs will become the gold standard for secure and sovereign identity verification. This may well see institutions will gravitate towards DEXes, drawn by their superior security and transparency. This shift could mark a pivotal moment for the financial industry as DIDs empower institutions to engage in decentralized finance (DeFi) with greater confidence and control, thereby fueling growth and liquidity in DEXes. This integration of DID with institutional operations will mark a new era in blockchain, merging privacy, security, and financial innovation. RippleX is excited to contribute to this development by introducing DID capabilities to the XRP Ledger, as outlined in its proposed XLS-40 amendment.

We are excited to announce that a recent milestone has been reached in the development of XLS-30d AMM spec for the XRP Ledger. In an effort to prioritize user safety and ensure the robustness of the platform, a rigorous security audit has been conducted by CertiK, a leading blockchain security firm.

I think what you’re looking for is something asking the lines of a recent proposal for Automated Market Makers (https://github.com/XRPLF/XRPL-Standards/discussions/78)

Check out more details on the XLS-30d standard on GitHub: https://github.com/XRPLF/XRPL-Standards/discussions/78

If you want to know ‘who’ will provide liquidity, you should read up on the Automated Market Maker, XLS-30 proposal here: https://github.com/XRPLF/XRPL-Standards/discussions/78

To further address the scalability and performance of the network, Ripple continues to work on the open-source Clio project as part of our ongoing commitment to developing best-in-class tools and building on top of open protocols.