According to CoinMeta, the founder of Uniswap, Hayden, stated that AMM has the potential to become a core engine of the financial market, and tokenization will make the market programmable. Since its launch in 2018, Uniswap has accumulated a trading volume of over $4.6 trillion, driving decentralized exchanges to account for more than 20% of the centralized spot trading volume. Citadel Securities handles approximately 25% of U.S. stock trading volume, with net trading revenue reaching $12.2 billion last year and trading capital of about $21 billion. Hayden believes that blockchain can break down traditional market-making operations, and AMM identifies capital scarcity as being the capital itself. On Robinhood Chain, 10 tokenized stocks from the Uniswap fund pool were traded on SPY, with a trading volume of $33 million in just 12 days and over 11,000 users. Uniswap V4 Hooks supports market customization, and Dualpool Hook allows passive AMM funds to be used to earn lending profits.