Can an AMM Be Subject to a “Spoofing” Attack, Which Is Common on Order Books?

No, an AMM cannot be subject to a traditional spoofing attack. Spoofing involves placing large, non-genuine limit orders on an order book with the intent to cancel them before execution, manipulating the perceived supply or demand.

Since an AMM does not use limit orders or an order book, this specific manipulation tactic is impossible. However, AMMs are susceptible to other forms of manipulation, such as sandwich attacks, which exploit the transaction queue.