According to @PolynomialFi, their trading system dynamically adapts between Automated Market Maker (AMM) and orderbook models based on market maturity and trading volume. In early market stages, the AMM approach is utilized to bootstrap liquidity, while in mature markets, the system automatically transitions to an orderbook setup to enhance trading efficiency. This adaptive mechanism optimizes trade execution and liquidity according to real-time market conditions, offering traders improved flexibility and competitive pricing (source: @PolynomialFi).