Imran Khan: AMMs are competing to become infrastructure for token launches

Odaily News Imran Khan, founding partner of Alliance DAO, wrote on the X platform that an important but widely overlooked competition is underway among AMMs, with the goal of becoming the default infrastructure for token launch platforms. This competition involves differentiated bond curves, anti-frontrunning mechanisms, and a detailed fee generation framework. Imran Khan pointed out that AMMs that successfully occupy this market may establish a moat and bring in considerable revenue, but whether they can form a long-term advantage remains to be seen. It is expected that AMMs will design mechanisms to lock in launch platforms for as long as possible.