And has there ever been any exploit in waves?

No, that never happened

Is there any insurance fund in waves if there's any extreme event happens?

Nope, we do not provide such a service

Thanks. One more question though, You guys run pool of various pairs but there's no AMM available for trading of any pair. Where exactly that liquidity is being used?

Boris | WX Network
Who told you there's no AMM here? The liquidity of...

but this is limit orderbooks right? How are they AMMs?

Boris | WX Network
Who told you there's no AMM here? The liquidity of...

yeah so like how AMM is providing LOB?

Boris | WX Network
Who told you there's no AMM here? The liquidity of...

look on the left side. We can see LOB right? and I do understand the functioning of AMM but how your AMM is building LOB?

What do you mean by "building"? The AMM is a full-fledged market participant like other trading bots and users, that's it

AMMs don't have LOBs. That's what I mean. Take uniswap which also has AMM and there's no limit orders there. right?

Don't compare it tot heUniswap's AMM, our AMM is an active market participant, think of it as a trading bot, that's it

yeah thanks

My pleasure!