Manu Red Pills

Swaap is an Automated Market Maker (AMM) that is market neutral. It uses a combination of oracles and dynamic spread to offer sustainable yields to liquidity providers and lower prices to traders.

Morpho is a lending protocol that combines the liquidity pool model used by Compound or AAVE with the capital efficiency of peer-to-peer matching engines used in order books. Morpho-Compound improves Compound by providing the same user experience, liquidity, and liquidation parameters, but with an increased APY due to peer-to-peer matchings.