> For the complete documentation index, see [llms.txt](https://volumint.gitbook.io/volumint.-ai-powered-decentralized-mm/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://volumint.gitbook.io/volumint.-ai-powered-decentralized-mm/market-making/the-role-of-market-makers-in-web3.md).

# The Role of Market Makers in Web3

Market makers are crucial in facilitating efficient and liquid markets in the Web3 ecosystem, where decentralised exchanges (DEXs) and cryptocurrencies prevail. 

Unlike traditional finance, where market-making might involve large financial institutions and specialised firms, Web3 opens up this vital function to a broader range of participants, including automated protocols and decentralised platforms.