Tessera V

Prop AMM on Solana

## Overview Tessera V is a proprietary automated market maker (AMM) built on the Solana blockchain. As a prop AMM—meaning it operates on a proprietary liquidity model rather than a traditional constant-product formula—it represents an alternative approach to decentralized exchange design on Solana. The tool is designed to address specific inefficiencies in how liquidity is deployed and priced on the network, offering a different mechanism for traders and liquidity providers to interact. Prop AMMs diverge from the standard xy=k model by implementing custom pricing curves and liquidity concentra