afaiu draws liquidity from Serum CLOB on the swap trades, but it doesn't add liquidity to serum CLOB
the latter would also be cool but the constant cancel & replaces are probably uneconomical even at Solana fee levels
would be quite cool to do this though
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Will be interesting to see CEXs replicate this function
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then im not sure how the economics of it works behind the scenes, to pay for this in the program, and to manage the AMM balance (is it really just the 0.02% rebate if filled by non-swap?)
i suppose should ask AlphaRay
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