4 citations · 8 across the 5 of their papers we have counts for
5 papers
A Microstructure Analysis of Coupling in CFMMs
Althea Sterrett, Austin Adams
The programmable and composable nature of smart contract protocols has enabled the emergence of novel market structures and asset classes that are architecturally frictional to imp…
Layer 2 be or Layer not 2 be: Scaling on Uniswap v3
Austin Adams
This paper studies the market structure impact of cheaper and faster chains on the Uniswap v3 Protocol. The Uniswap Protocol is the largest decentralized application on Ethereum by…
am-AMM: An Auction-Managed Automated Market Maker
Austin Adams, Ciamac C. Moallemi, Sara Reynolds +1
Automated market makers (AMMs) have emerged as the dominant market mechanism for trading on decentralized exchanges implemented on blockchains. This paper presents a single mechani…
Don't Let MEV Slip: The Costs of Swapping on the Uniswap Protocol
Austin Adams, Benjamin Y Chan, Sarit Markovich +1
We present the first in-depth empirical characterization of the costs of trading on a decentralized exchange (DEX). Using quoted prices from the Uniswap Labs interface for two pool…
FLAIR: A Metric for Liquidity Provider Competitiveness in Automated Market Makers
Jason Milionis, Xin Wan, Austin Adams
This paper aims to enhance the understanding of liquidity provider (LP) returns in automated market makers (AMMs). LPs face market risk as well as adverse selection due to risky as…