Quick TakeAMM is a logical step in the evolution of decentralized on-chain exchanges.Uniswap and SushiSwap each have $4.5B+ of liquidity, which was mainly acquired through incentive programs.Curve has a similar amount of liquidity but specializes in stablecoins.Liquidity on Curve and SushiSwap is still backed by liquidity mining, which could complicate their existence after the Uniswap v3 launch.