How Solana Will Help DeFi Swap Protocols

[next-mdx-remote] error compiling MDX:
Expected a closing tag for `<>` (137:33-137:35) before the end of `emphasis`

  135 |     3. _This allows the Sushi AMM to share liquidity and volume with the orderbook_
  136 |     4. _There are maker rebates on Serum orderbooks that the AMMs would capture; they can also add on their own fees_
> 137 | 4. _FTX has a bridge from ERC20 <> SPL (Solana token) Sushi; in the next week, sollet.io will as well_
      |                                 ^
  138 | 5. _Sushi will also be able to compose with a borrow/lending protocol on Serum to allow the pools to trade on margin, though that’s not necessary for V1_
  139 | 6. _To clarify: Sushi would not be moving off of Etherum in any way; this would be an addition, not a replacement._

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There is a lot of buzz happening in the Twittersphere right now with DeFi Swap Protocols, with suggested Exit Scams and Paralyzing $50 gas fees. The competition is fierce and we are seeing the whole DeFi market evolving to bring better and better DeFi products to consumers.

DeFi Swaps Protocols, are a decentralised way for people to swap a token for another token. This would traditionally be done on an centralised exchange where the price of the swap was determined by a market of buyers and sel