Fee structures in CPMMs that depend only on the invariant k=xy ensure path independence, enabling a parametric family that achieves zero impermanent loss for specific initial states but not universally.
Impermanent loss and gain of automated market maker smart contracts,
2 Pith papers cite this work. Polarity classification is still indexing.
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A model for AMM liquidity pools derives joint revenue bounds for providers and arbitrageurs, estimates blocks until impermanent loss, and gives a lower bound on pool fees to achieve a target probability of impermanent gain within one block.
citing papers explorer
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Characterizing Path-Independent Fees: A Route to Zero Impermanent Loss in CPMMs
Fee structures in CPMMs that depend only on the invariant k=xy ensure path independence, enabling a parametric family that achieves zero impermanent loss for specific initial states but not universally.
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From Impermanent Loss to Sustainable Gain: Quantifying Profitability Zones for Liquidity Providers on DEX
A model for AMM liquidity pools derives joint revenue bounds for providers and arbitrageurs, estimates blocks until impermanent loss, and gives a lower bound on pool fees to achieve a target probability of impermanent gain within one block.