{"state_type":"pith_open_graph_state","state_version":"1.0","pith_number":"pith:2024:OXA3E57CHKG72DWY3WNAKMFDFG","merge_version":"pith-open-graph-merge-v1","event_count":2,"valid_event_count":2,"invalid_event_count":0,"equivocation_count":0,"current":{"canonical_record":{"metadata":{"abstract_canon_sha256":"ee2f55bb48bd7be9358b15e3b818008f6cf7788da3129e53df2b124e51105ecf","cross_cats_sorted":["q-fin.CP"],"license":"http://creativecommons.org/licenses/by/4.0/","primary_cat":"q-fin.ST","submitted_at":"2024-06-18T09:10:10Z","title_canon_sha256":"5e087706c02ed6cc8cc124a23abd5e84e84d781a8b25a65c1306d09fbff0df16"},"schema_version":"1.0","source":{"id":"2406.12417","kind":"arxiv","version":2}},"source_aliases":[{"alias_kind":"arxiv","alias_value":"2406.12417","created_at":"2026-07-05T11:03:15Z"},{"alias_kind":"arxiv_version","alias_value":"2406.12417v2","created_at":"2026-07-05T11:03:15Z"},{"alias_kind":"doi","alias_value":"10.48550/arxiv.2406.12417","created_at":"2026-07-05T11:03:15Z"},{"alias_kind":"pith_short_12","alias_value":"OXA3E57CHKG7","created_at":"2026-07-05T11:03:15Z"},{"alias_kind":"pith_short_16","alias_value":"OXA3E57CHKG72DWY","created_at":"2026-07-05T11:03:15Z"},{"alias_kind":"pith_short_8","alias_value":"OXA3E57C","created_at":"2026-07-05T11:03:15Z"}],"graph_snapshots":[{"event_id":"sha256:b57150d805cb032cb4c3869cf13935678c2e1f4ed71035a62ea2188afc652f25","target":"graph","created_at":"2026-07-05T11:03:15Z","signer":{"key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signer_id":"pith.science","signer_type":"pith_registry"},"payload":{"graph_snapshot":{"author_claims":{"count":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57","strong_count":0},"builder_version":"pith-number-builder-2026-05-17-v1","claims":{"count":0,"items":[],"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"formal_canon":{"evidence_count":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"integrity":{"available":true,"clean":true,"detectors_run":[],"endpoint":"/pith/2406.12417/integrity.json","findings":[],"snapshot_sha256":"c28c3603d3b5d939e8dc4c7e95fa8dfce3d595e45f758748cecf8e644a296938","summary":{"advisory":0,"by_detector":{},"critical":0,"informational":0}},"paper":{"abstract_excerpt":"In the ever evolving landscape of decentralized finance automated market makers (AMMs) play a key role: they provide a market place for trading assets in a decentralized manner. For so-called bluechip pairs, arbitrage activity provides a major part of the revenue generation of AMMs but also a major source of loss due to the so-called 'informed orderflow'. Finding ways to minimize those losses while still keeping uninformed trading activity alive is a major problem in the field. In this paper we will investigate the mechanics of said arbitrage and try to understand how AMMs can maximize the rev","authors_text":"Abe Alexander, Lars Fritz","cross_cats":["q-fin.CP"],"headline":"","license":"http://creativecommons.org/licenses/by/4.0/","primary_cat":"q-fin.ST","submitted_at":"2024-06-18T09:10:10Z","title":"Fees in AMMs: A quantitative study"},"references":{"count":0,"internal_anchors":0,"resolved_work":0,"sample":[],"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"source":{"id":"2406.12417","kind":"arxiv","version":2},"verdict":{"created_at":null,"id":null,"model_set":{},"one_line_summary":"","pipeline_version":null,"pith_extraction_headline":"","strongest_claim":"","weakest_assumption":""}},"verdict_id":null}}],"author_attestations":[],"timestamp_anchors":[],"storage_attestations":[],"citation_signatures":[],"replication_records":[],"corrections":[],"mirror_hints":[],"record_created":{"event_id":"sha256:fbea48da6d6003e451b22b1a9cc7942e71f511ee85d4c096ad58782c075beffe","target":"record","created_at":"2026-07-05T11:03:15Z","signer":{"key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signer_id":"pith.science","signer_type":"pith_registry"},"payload":{"attestation_state":"computed","canonical_record":{"metadata":{"abstract_canon_sha256":"ee2f55bb48bd7be9358b15e3b818008f6cf7788da3129e53df2b124e51105ecf","cross_cats_sorted":["q-fin.CP"],"license":"http://creativecommons.org/licenses/by/4.0/","primary_cat":"q-fin.ST","submitted_at":"2024-06-18T09:10:10Z","title_canon_sha256":"5e087706c02ed6cc8cc124a23abd5e84e84d781a8b25a65c1306d09fbff0df16"},"schema_version":"1.0","source":{"id":"2406.12417","kind":"arxiv","version":2}},"canonical_sha256":"75c1b277e23a8dfd0ed8dd9a0530a329a1a1c50b99374f864c41eb41537b9f30","receipt":{"algorithm":"ed25519","builder_version":"pith-number-builder-2026-05-17-v1","canonical_sha256":"75c1b277e23a8dfd0ed8dd9a0530a329a1a1c50b99374f864c41eb41537b9f30","first_computed_at":"2026-07-05T11:03:15.286924Z","key_id":"pith-v1-2026-05","kind":"pith_receipt","last_reissued_at":"2026-07-05T11:03:15.286924Z","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","receipt_version":"0.3","signature_b64":"34Wv41y7B2WEs5e2V4BwdLLTsjc9w/SjHPtZJwpmZrIug8IR5cstADvINOdSbBMXMswD71xcWWJ6iK1nX08hDA==","signature_status":"signed_v1","signed_at":"2026-07-05T11:03:15.287365Z","signed_message":"canonical_sha256_bytes"},"source_id":"2406.12417","source_kind":"arxiv","source_version":2}}},"equivocations":[],"invalid_events":[],"applied_event_ids":["sha256:fbea48da6d6003e451b22b1a9cc7942e71f511ee85d4c096ad58782c075beffe","sha256:b57150d805cb032cb4c3869cf13935678c2e1f4ed71035a62ea2188afc652f25"],"state_sha256":"471edd398a2c7c6ed810ac88ae9823ac0081265f1b2921e404abd713aafbe806"}