Systematization of knowledge: constant function market makers

Michele Fabi; Myriam Kassoul; Julien Prat

doi:10.4337/9781035307760.00015

Systematization of knowledge: constant function market makers

Michele Fabi
, Myriam Kassoul
, Julien Prat

Résultats de recherche: Le chapitre dans un livre, un rapport, une anthologie ou une collection › Chapitre › Revue par des pairs

Résumé

We provide an overview of the academic literature on Automated Market Makers for Decentralized Exchanges. Our review puts an emphasis on contributions from researchers in economics and finance. We cover papers that study the optimal design of Automated Market Makers. Then we discuss models that leverage the insights from the literature on two-sided markets to characterize the equilibrium size of liquidity pools and the incentives of liquidity providers. Finally, we review recent research on the interactions between Miner Extractible Value and Decentralized Exchanges.

langue originale	Anglais
titre	The Elgar Companion to Decentralized Finance, Digital Assets, and Blockchain Technologies
Editeur	Edward Elgar Publishing Ltd.
Pages	191-216
Nombre de pages	26
ISBN (Electronique)	9781035307760
ISBN (imprimé)	9781035307753
Les DOIs	https://doi.org/10.4337/9781035307760.00015
état	Publié - 1 janv. 2024

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10.4337/9781035307760.00015

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Systematization of knowledge: constant function market makers. / Fabi, Michele; Kassoul, Myriam; Prat, Julien.
The Elgar Companion to Decentralized Finance, Digital Assets, and Blockchain Technologies. Edward Elgar Publishing Ltd., 2024. p. 191-216.

Résultats de recherche: Le chapitre dans un livre, un rapport, une anthologie ou une collection › Chapitre › Revue par des pairs

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Systematization of knowledge: constant function market makers

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