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# Skate Unveils AMM, Facilitating Cross-Virtual Machines Encompassing Solana and Ethereum
Skate is a consolidated liquidity hub featuring an infrastructure tier facilitating cross-chain virtual machine ecosystems. The platform has introduced its initial automated market maker (AMM) protocol, engineered to function across prominent blockchains.
As per the declaration, Skate AMM empowers users to traverse applications across all major virtual machine (VM) environments, encompassing Ethereum (ETH), Solana (SOL), and the TON blockchain (TON). This implies that users on SVM chains can seamlessly engage with indigenous applications on EVM or TonVM chains.
This signifies a substantial advancement in interoperability, poised to expedite innovation and uptake within the decentralized finance sphere.
In addition to EVM, SolanaVM, and TonVM, Skate AMM also functions in VM environments like Sui, Movement, and Eclipse. While facilitating cross-VM interactions, users also gain advantages from unified liquidity and pricing.
Conventional AMMs are constrained by their monolithic architecture, implying they are isolated on a singular supported chain. This compels each fresh chain to bootstrap its own AMM, necessitating liquidity providers to fragment their capital, resulting in subpar pricing and slippage.
Skate AMM endeavors to address this predicament with a stateless design, enabling support for multiple chains and VMs.
The AMM furnishes a canonical liquidity state and central point, rather than fragmented liquidity and pricing. Users can utilize liquidity from any supported chain, with security ensured by actively validating service operators through the Ethereum restaking protocol, Eigenlayer, which delivers economic trust.
As stated by the Skate team, separating the core AMM logic from asset custody facilitates unified liquidity and enhanced pricing. User assets remain on their native chains, eradicating bridging risks. TruBit Collaborates with Morpho to Introduce DeFi Unearned Revenue in Latin America
For merchants, this entails diminished slippage, enhanced costs, and amplified solvency. Skate AMM will advantage consumers on numerous distributed ledger platforms such as SOON, ZKSync, including Aptos, also Mantle, Hyperliquid, Berachain, Monad, Arbitrum, Story Protocol, including Sonic SVM. For solvency contributors (LPs), the consequence encompasses an enhanced consumer adventure, superior capital effectiveness, including heightened commission revenue.