but on Ethereum you don't have UTXOs, you have accounts and you have a global state and you have few seconds block time. How can I work backwards from such a different world? I don't think this is achievable ...
Discussion
You don't *think* it's achievable, but do you *know* it's not achievable?
It doesn't matter :) what would it take you to believe me that such AMM wouldn't be profitable on Bitcoin?
I want to hear a well-reasoned argument as to why
what about: with OP_CAT we can build trustless bridges of BTC and Runes and Ordinals etc. to chains with fast blocks, therefore price discovery will happen there and not on Bitcoin, killing MEV on Bitcoin
1) runes and ordinals are spam, so this doesn't really help
2) I'd need to head a convincing argument why you think this would work, based on numbers, not just speculation.
yeah but an AMM with BTC only doesn't make sense either so if you assume BTC only on Bitcoin, there will never be any MEV, case closed.