15 citations · 23 across the 8 of their papers we have counts for
Showing 2021 · q-fin.MFShow all
2 papers · 2 filters
q-fin.MF2021
Optimal Fees for Geometric Mean Market Makers
Alex Evans, Guillermo Angeris, Tarun Chitra
Constant Function Market Makers (CFMMs) are a family of automated market makers that enable censorship-resistant decentralized exchange on public blockchains. Arbitrage trades have…
q-fin.MF2021
Replicating Market Makers
Guillermo Angeris, Alex Evans, Tarun Chitra
We present a method for constructing Constant Function Market Makers (CFMMs) whose portfolio value functions match a desired payoff. More specifically, we show that the space of co…