Workshop: Intro to AMM & DLMM — DeFi Fundamentals on Solana

​Who it’s for: New Solana devs who want a clear, practical primer before touching real DEX protocols.

​You will learn

• ​What an AMM is and why it matters in DeFi.

• ​The constant-product idea (x·y = k), pricing, fees, and basic slippage.

• ​LP tokens, fees to LPs, and a simple view of impermanent loss.

• ​What concentrated liquidity is and how DLMM differs from classic AMMs.

• ​How a Solana swap works end-to-end: accounts, pools, price/quotes, and sending a tx on devnet.

​Hands-on demo

• ​Get a quote and submit a swap on devnet using web3.js/SDK.

• ​Read basic tx logs and verify the result.

​Agenda (60 mins)

• ​05’ — Setup & concepts overview

• ​15’ — AMM basics: pricing, fees, slippage

• ​10’ — LP tokens & impermanent loss (intuitive)

• ​10’ — Concentrated liquidity & DLMM concepts

• ​15’ — Live devnet swap demo (quote → tx → result)

• ​05’ — Q&A + next steps

​Prereqs

• ​Basic JavaScript/TypeScript.

• ​Solana toolchain ready (CLI or wallet) and access to devnet.

​Outcome

• ​A working mental model of AMM vs. DLMM on Solana and a minimal script you can reuse to test swaps on devnet.