Basics Level Progress75%
Transactions and Market Makers
How transactions move through the network, what an RPC does, and how Automated Market Makers (AMMs) enable on-chain trading.
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Course Overview
In This Lesson
How transactions move through the Solana network, what an RPC does, and how Automated Market Makers (AMMs) — including concentrated liquidity (CLMM/DLMM) — enable on-chain trading.
Understand what an Automated Market Maker (AMM) is
Learn how concentrated liquidity improves capital efficiency
Understand the role an RPC plays in a transaction
Technical Core
Key Insights
An AMM lets assets be traded on-chain without a traditional order book
Concentrated liquidity (CLMM/DLMM) focuses liquidity around the current price for higher capital efficiency and more fees
An RPC is the bridge connecting your wallet or app to the validators and the blockchain