> For the complete documentation index, see [llms.txt](https://docs.bitdrive.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.bitdrive.finance/web3-guide/automated-market-makers.md).

# Automated Market Makers

Automated market makers allow the users to add liquidity and trade assets with ease. This can be done without centralized exchanges. They are run by smart contracts and algorithms to calculate price of the assets.