no code implementations • 15 Sep 2023 • Álvaro Cartea, Fayçal Drissi, Marcello Monga
Concentration risk refers to the decrease in fee revenue if the marginal exchange rate (akin to the midprice in a limit order book) in the pool exits the LP's range of liquidity.
no code implementations • 7 Jul 2023 • Álvaro Cartea, Fayçal Drissi, Marcello Monga
Automated market makers (AMMs) are a new prototype of trading venues which are revolutionising the way market participants interact.