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The vAMMs or the Virtual Automated Market Makers are a system that offers synthetic or virtual liquidity, permitting the traders to buy and sell the derivatives completely on the blockchain. They are based on the concept of the AMMs or the Automated Market Makers. The vAMMs expands its applications from the token swaps to the derivatives such as the perpetual contracts. The vAMMs are utilized for the price discovery in the handling leverage but not for the spot trading.

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