This repository is a compilation of DeFi cryptoeconomic research and risk modelling research. The economics of lower level blockchain design, such as block production and MEV, is mostly out of scope of this repository.
- An analysis of Uniswap markets by Guillermo Angeris, Hsien-Tang Kao, Rei Chiang, Charlie Noyes, Tarun Chitra
- (In)Stability for the Blockchain: Deleveraging Spirals and Stablecoin Attacks by Ariah Klages-Mundt, Andreea Minca
- Competitive equilibria between staking and on-chain lending by Tarun Chitra
- Improved Price Oracles: Constant Function Market Makers by Guillermo Angeris, Tarun Chitra
- When does the tail wag the dog? Curvature and market making by Guillermo Angeris, Alex Evans, Tarun Chitra
- While Stability Lasts: A Stochastic Model of Non-Custodial Stablecoins by Ariah Klages-Mundt, Andreea Minca
- Why Stake When You Can Borrow? by Tarun Chitra, Alex Evans
- A Note on Privacy in Constant Function Market Makers by Guillermo Angeris, Alex Evans, Tarun Chitra
- Constant Function Market Makers: Multi-Asset Trades via Convex Optimization by Guillermo Angeris, Akshay Agrawal, Alex Evans, Tarun Chitra, Stephen Boyd
- Optimal Fees for Geometric Mean Market Makers by Alex Evans, Guillermo Angeris, Tarun Chitra
- Presentation and Publication: Loss and Slippage in Networks of Automated Market Makers by Daniel Engel, Maurice Herlihy
- Replicating Market Makers by Guillermo Angeris, Alex Evans, Tarun Chitra
- Replicating Monotonic Payoffs Without Oracles by Guillermo Angeris, Alex Evans, Tarun Chitra
- A Framework for Single-Item NFT Auction Mechanism Design by Jason Milionis, Dean Hirsch, Andy Arditi, Pranav Garimidi
- A multi-asset, agent-based approach applied to DeFi lending protocol modelling by Amit Chaudhary, Daniele Pinna
- Automated Market Making and Loss-Versus-Rebalancing by Jason Milionis, Ciamac C. Moallemi, Tim Roughgarden, Anthony Lee Zhang
- Dynamic Pricing for Non-fungible Resources: Designing Multidimensional Blockchain Fee Markets by Theo Diamandis, Alex Evans, Tarun Chitra, Guillermo Angeris
- Optimal Routing for Constant Function Market Makers by Guillermo Angeris, Tarun Chitra, Alex Evans, Stephen Boyd
- Toxic Liquidation Spirals by Jakub Warmuz, Amit Chaudhary, Daniele Pinna
- TWAP Oracle Attacks: Easier Done than Said? by Torgin Mackinga, Tejaswi Nadahalli, Roger Wattenhofer
- A Myersonian Framework for Optimal Liquidity Provision in Automated Market Makers by Jason Milionis, Ciamac C. Moallemi, Tim Roughgarden
- An Efficient Algorithm for Optimal Routing Through Constant Function Market Makers by Theo Diamandis, Max Resnick, Tarun Chitra, Guillermo Angeris
- Attacks on Dynamic DeFi Interest Rate Curves by Tarun Chitra, Peteris Erins, Kshitij Kulkarni
- Automated Market Making and Arbitrage Profits in the Presence of Fees by Jason Milionis, Ciamac C. Moallemi, Tim Roughgarden
- Blockchain scaling and liquidity concentration on decentralized exchanges by Basile Caparros, Amit Chaudhary, Olga Klein
- Complexity-Approximation Trade-offs in Exchange Mechanisms: AMMs vs. LOBs by Jason Milionis, Ciamac C. Moallemi, Tim Roughgarden
- Detecting Depegs: Towards Safer Passive Liquidity Provision on Curve Finance - Thomas N. Cintra, Maxwell P. Holloway
- FLAIR: A Metric for Liquidity Provider Competitiveness in Automated Market Makers by Jason Milionis, Xin Wan, Austin Adams
- Fragmentation and optimal liquidity supply on decentralized exchanges by Alfred Lehar, Christine Parlour, Marius Zoican
- Mitigating Decentralized Finance Liquidations with Reversible Call Options by Kaihua Qin, Jens Ernstberger, Liyi Zhou, Philipp Jovanovic, Arthur Gervais
- Oracle Counterpoint: Relationships between On-chain and Off-chain Market Data by Zhimeng Yang, Ariah Klages-Mundt, Lewis Gudgeon
- The Geometry of Constant Function Market Makers by Guillermo Angeris, Tarun Chitra, Theo Diamandis, Alex Evans, Kshitij Kulkarni
- The Pricing And Hedging Of Constant Function Market Makers by Richard Dewey, Craig Newbold
- The Principal–Agent Problem in Liquid Staking by Apostolos Tzinas, Dionysis Zindros
- When Bidders Are DAOs by Maryam Bahrani, Pranav Garimidi, Tim Roughgarden
- Agents' Behavior and Interest Rate Model Optimization in Defi Lending by Charles Bertucci, Louis Bertucci, Mathis Gontier Delaunay, Olivier Gueant, Matthieu Lesbre
- An Analysis of Intent-Based Markets by Tarun Chitra, Kshitij Kulkarni, Mallesh Pai, Theo Diamandis
- am-AMM: An Auction-Managed Automated Market Maker by Austin Adams, Ciamac Moallemi, Sara Reynolds, Dan Robinson
- Don't Let MEV Slip: The Costs of Swapping on the Uniswap Protocol by Austin Adams, Benjamin Y Chan, Sarit Markovich, Xin Wan
- Layer 2 be or Layer not 2 be: Scaling on Uniswap v3 by Austin Adams
- Shill-Proof Auctions by Andrew Komo, Scott Duke Kominers, Tim Roughgarden