AMMs
This invariant made early AMMs famous: the product of the two token reserves stays constant.
What is x times y equals k?
When did “the Merge” happen? YYYY-MM-DD
What is 2022-09-15?
The New York Knicks won their 2026 title-clinching Game 5 by this many points against the San Antonio Spurs.
What is 4?
This DeFi researcher finished his PhD, joined a trading firm, left one year after, and decided to become a Professor at Stanford.
Who is Ruizhe Jia?
This dude refuses to spill Alpha for free
Who is Alex Nezlobin?
In a constant-product AMM, this happens to execution price as trade size increases relative to pool depth.
What is slippage?
While Vitalik Buterin wrote the original conceptual White Paper, this person wrote the Ethereum Yellow Paper.
Who is Gavin Wood?
While Vitalik Buterin wrote the original conceptual White Paper, this person wrote the Ethereum Yellow Paper.
Who is Gavin Wood?
This Columbia professor has more than 4,000 total citations and is known for work spanning operations research, financial engineering, and consensus-related topics.
Who is Ciamac Moallemi?
This camper is turning Chinese this fall to be a Professor in Hong Kong.
Who is Faycal Drissi?
This Uniswap v3 design lets LPs provide liquidity only over selected price ranges instead of across all prices.
What is concentrated liquidity?
A user swapped approximately $50 million of aUSDT through Aave's CoW Swap-powered collateral swap interface and ended up with roughly $______ worth of AAVE.
What is $300,000?
SpaceX's market capitalization is currently this
What is $2.5 trillion?
This motorcyclist authored a paper called "Central bank cryptocurrencies" that currently has 1133 citations.
Who is Rodney Garratt?
This person is named after a lightweight frame covered with paper, cloth, or plastic that is designed to be flown in the wind on the end of a string.
Who is Kite?
This loss measure compares an AMM LP’s performance against a continuously rebalanced portfolio.
What is loss-versus-rebalancing, or LVR?
The first order-book DEX on Ethereum was called this
What is EtherDelta?
Financial Cryptography 2027 is on this island.
Where is Barbados?
This consensus researcher and UC Santa Barbara Professor authored “HotStuff: BFT Consensus with Linearity and Responsiveness,” a paper with more than 1,500 citations.
Who is Dahlia Malkhi?
This economist famously Tweeted "Me moving from ETH to SOL lowered the average IQ in both ecosystems."
Who is Max Resnick?
This actor restores AMM prices to external market prices, earning profits while imposing adverse-selection costs on passive LPs.
Who is an arbitrageur?
In perpetual futures, this mechanism closes positions when normal liquidation is not enough to preserve solvency.
What is autodeleveraging, or ADL?
One thing we learned form this week: no one reads agendas. This is the name of the farm we are going to tomorrow.
What is Front Porch Farms?
These two campers both wore jean overalls this week.
Ken & Danning
This person's advisor won the Nobel Prize by proposing the most popular statistic model: ARCH/GARCH.
Who is Fahad Saleh?