Amms Primarily Designed for Aggressive Arbitragers Not Retail Investors

Here is a 60-word news card summary of the content: Heimbach et al attribute 25% of Ethereum's DEX volume to non-atomic arbitrage, while Canidio and Fritsch estimate combined arbitrage at 40% of Uniswap v3 volume. Research assumes organic retail flow dominates, but this may be misclassified as bots mimic human patterns or aggregators route flow.