How the AMM Works
Fractit's secondary market is powered by a constant product AMM — the same foundational mechanism used across decentralised finance
The constant product model
x · y = k
x = quantity of DFMREIT tokens in the pool
y = quantity of USDC/CC in the pool
k = a constant, maintained across all tradesA buy, step by step
Price impact
No order books, no counterparties
How the AMM stays anchored to NAV
Last updated