4 papers
Impermanent loss and Loss-vs-Rebalancing II
Abe Alexander, Guillaume Lambert, Lars Fritz
This paper examines the relationship between impermanent loss (IL) and loss-versus-rebalancing (LVR) in automated market makers (AMMs). Our main focus is on statistical properties,…
Impermanent loss and loss-vs-rebalancing I: some statistical properties
Abe Alexander, Lars Fritz
There are two predominant metrics to assess the performance of automated market makers and their profitability for liquidity providers: 'impermanent loss' (IL) and 'loss-versus-reb…
Fees in AMMs: A quantitative study
Abe Alexander, Lars Fritz
In the ever evolving landscape of decentralized finance automated market makers (AMMs) play a key role: they provide a market place for trading assets in a decentralized manner. Fo…
A theoretical framework for fees in AMMs
Abe Alexander, Lars Fritz
In the ever evolving landscape of decentralized finance automated market makers (AMMs) play a key role: they provide a market place for trading assets in a decentralized manner. Fo…