What the hell is a hybrid DEX? CMC explains

Hear me out – we all know what an AMM is (uniswap, pancake, etc) – it’s permissionless, it works well, you can provide liquidity for yield, and you can trade any shitcoin or bluechip, whatever floats your boat.
Then we have orderbook DEXs where you can actually place limit orders so you don’t have to burn your retina staring at charts all day long. It’s still decentralized, but you can’t provide liquidity.
Then, CMC brought to my attention the idea of hybrid DEX, where you fuse the AMM with an orderbook so you can do advanced orders but still do LP so you earn yield.
Serum is a prime example of that, but it seems like Onomy is doing the same thing
My question to you now is… are AMM DEXs going to be swallowed whole by the hybrid model? Because i don’t see any disadvantage. Best of both worlds.
submitted by /u/pledgetlck4
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