Uniswap founder Hayden Adams, in a post on the X platform, strongly refuted claims about the disadvantages of AMMs (Automated Market Makers). Adams pointed out that in low-volatility currency pairs, AMMs can provide stable returns for investors with low funding costs, thus weakening the competitiveness of professional market makers. In high-volatility long-tail markets, AMMs are the only scalable option, where project teams or early backers, acting as liquidity providers (LPs), create liquidity more effectively than by paying option fees to market makers. Regarding the high-volatility, popular token market, Adams stated that AMMs are continuously growing, and while the order book is currently at its peak, AMM development is still in its early stages. Through the development of hooks in Uniswap v4, more profitable liquidity pools will be available in the future. Adams believes that due to their low funding costs and easier combination and collateralization of liquidity, AMMs will ultimately prevail in this field.