> For the complete documentation index, see [llms.txt](https://docs.wingriders.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.wingriders.com/liquidity-pools.md).

# Liquidity pools

There are two major types of DEXes - order book and AMM (Automated Market Maker). All AMM DEXes, including WingRiders, have liquidity pools where a function determines the exchange rate between the assets.

There are two commonly used functions for pools with two assets: a Constant product market maker and a Stableswap one.