Decentralized Finance (DeFi)

Virtual AMM (vAMM)

Also: vAMM

A pricing mechanism that uses an AMM's formula with virtual reserves, so traders can take leveraged positions on an asset's price without any real tokens in a pool.

General education, not investment, legal or tax advice. Markets and regulation change quickly: where a definition depends on current law or on a recent event, check the latest coverage before relying on it.