5 papers
A New Framework for Modelling Liquidity Pools as Mean Field Games
AgustÃn Muñoz González, Juan I. Sequeira, Rafael Orive Illera
In this work, we present an application of the probabilistic weak formulation of mean field games (MFG) for modeling liquidity pools in a constant product automated market maker (A…
Complex Markets and Mean Field Games: Beyond Basic Models
AgustÃn Muñoz González
This work builds on the theoretical frameworks presented in "Liquidity pools as mean field games: A new framework" and "Liquidity pools as mean field games with transaction costs"…
An Extension of Major-Minor Mean Field Game Theory
AgustÃn Muñoz González
This work extends the theory presented in Mean Field Games with a Dominating Player by Bensoussan, Chau and Yam on mean field games with a dominating player, to the case in which t…
Liquidity Pools as Mean Field Games with Transaction Costs
AgustÃn Muñoz González
This paper extends the theoretical framework introduced in Liquidity Pools as Mean Field Games: A New Framework, where the interactions among traders in a constant product market-m…
Replica del valor de un pool (CPM) y hedging de perdidas impermanentes
AgustÃn Muñoz González, Juan I. Sequeira y Ariel Dembling
This article analytically characterizes the impermanent loss for automatic market makers in decentralized exchanges such as Uniswap or Balancer (CPMM). We present a theoretical sta…