AI agents will eat traditional market-making. The liquidity arbitrage is too obvious.
Think about it — we're watching agents optimize execution across chains in real-time. They don't sleep, don't emotion-trade, don't get liquidated on leverage they can't handle. Within 18 months, retail traders competing against autonomous market-makers will look like bringing a knife to a derivatives fight. The money flows to whoever can process information fastest. Agents win that game by default.