Glossary
AMM
An AMM is a decentralized exchange model that uses liquidity pools and formulas instead of a traditional order book.
Plain-English meaning
In this game, AMM is used as a vocabulary card for recognizing how market and technology concepts fit together. The short idea is: automated market maker.
The term is not shown as a recommendation. It is included so players can learn the language they may see in exchange interfaces, wallet prompts, research notes, AI product pages, or on-chain analytics dashboards.
Why it belongs with DeFi Liquidity
These terms describe automated pools where users deposit assets and earn fees while taking price divergence risk.
When solving the puzzle, compare the job this term performs with nearby cards. A correct group usually shares a function, risk type, workflow, or market structure rather than simply sharing similar wording.
Where you might see it
You might encounter this term while reading educational explainers, product documentation, risk disclosures, market dashboards, or beginner guides. Always separate vocabulary learning from financial decision-making.