KyberSwap just pulled off something no other DEX aggregator has done. It’s now routing trades through proprietary automated market makers, known as PropAMMs or pAMMs, using Titan Builder as the execution layer.
The integration, which went live on June 1, makes KyberSwap the first DEX aggregator to tap into pAMM liquidity. FermiSwap serves as the initial liquidity source, with Titan’s infrastructure handling the sequencing that makes the whole thing work.
What PropAMMs actually are and why they matter
In technical terms, proprietary AMMs allow market makers to provide liquidity with dynamically updated quotes rather than relying on static bonding curves. The result is pricing that more closely reflects current market conditions, which means tighter spreads and less slippage for the person making the trade.
The challenge with pAMMs has always been execution timing. If a market maker updates their quote but a user’s transaction gets processed before that update hits the chain, you end up with stale pricing. That’s where Titan Builder comes in.
