5 papers · 1 filter
The Convex Geometry of Network Flows
Theo Diamandis, Guillermo Angeris
In this paper, we derive a number of interesting properties and extensions of the convex flow problem from the perspective of convex geometry. We show that the sets of allowable fl…
Solving the Convex Flow Problem
Theo Diamandis, Guillermo Angeris
In this paper, we introduce the solver ConvexFlows for the convex flow problem first defined in the authors' previous work. In this problem, we aim to optimize a concave utility fu…
The Specter (and Spectra) of Miner Extractable Value
Guillermo Angeris, Tarun Chitra, Theo Diamandis +1
Miner extractable value (MEV) refers to any excess value that a transaction validator can realize by manipulating the ordering of transactions. In this work, we introduce a simple…
The Geometry of Constant Function Market Makers
Guillermo Angeris, Tarun Chitra, Theo Diamandis +2
Constant function market makers (CFMMs) are the most popular type of decentralized trading venue for cryptocurrency tokens. In this paper, we give a very general geometric framewor…
An Efficient Algorithm for Optimal Routing Through Constant Function Market Makers
Theo Diamandis, Max Resnick, Tarun Chitra +1
Constant function market makers (CFMMs) such as Uniswap have facilitated trillions of dollars of digital asset trades and have billions of dollars of liquidity. One natural questio…