Proactive Market Makers (PMMs)
From CryptoWiki
"Proactive Market Makers (PMMs) aim to mimic human-style order books and keep adaptable liquidity pools. Oracles are used to stabilize the pools and help them adapt to market conditions, and the price information provided is what helps maintain the order book feel. Again this reduces impermanent loss and slippage, but similar to the previous two AMMs [dAMMs and vAMMs], the old problems are replaced with oracle manipulation risks."
