pt. 3 dark amm oracles the key innovation of dark amms is that the oracle updates are 100x less compute intensive than the swaps. dark amms are designed so that the market maker can push quick updates to their internal pool parameters (pricing functions) many times a second

this, along with the closed source nature of the contract and a few other advantages, makes them much harder to pick off on large moves allowing them to quote tighter spreads than was possible before. additionally, dark amms can update prices for multiple markets simultaneously improving over the existing status quo

as the market gets more competitive we are seeing the dominant amms race toward minimal compute and maximal update frequency. this has a secondary benefit for the market maker. when one amm registers a large price update it can sometimes trigger atomic flow arbing out the slower amms