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Linearly-sloped or `ramp' potentials belong to a class of core-softened models which possess a liquid-liquid critical point (LLCP) in addition to the usual liquid-gas critical point. Furthermore they exhibit thermodynamic anomalies in the…

Statistical Mechanics · Physics 2009-11-11 Helen M. Gibson , Nigel B. Wilding

Existing rug pull detectors assume a simple workflow: the deployer keeps liquidity pool (LP) tokens and performs one or a few large sells (within a day) that collapse the pool and cash out. In practice, however, many real-world exits…

Cryptography and Security · Computer Science 2025-11-20 Minh Trung Tran , Nasrin Sohrabi , Zahir Tari , Qin Wang

An important issue in today's electricity markets is the management of flexibilities offered by new practices, such as smart home appliances or electric vehicles. By inducing changes in the behavior of residential electric utilities, demand…

Systems and Control · Electrical Eng. & Systems 2022-09-08 Olivier Bilenne , Paulin Jacquot , Nadia Oudjane , Mathias Staudigl , Cheng Wan , Barbara Franci

Financial markets for Liquified Natural Gas (LNG) are an important and rapidly-growing segment of commodities markets. Like other commodities markets, there is an inherent spatial structure to LNG markets, with different price dynamics for…

Risk Management · Quantitative Finance 2019-07-25 Michael Weylandt , Yu Han , Katherine B. Ensor

The increasing reliance on dynamic pricing models, such as spot instances, in public cloud environments presents new challenges for workload scheduling and reliability. While these models offer cost advantages, they introduce volatility and…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-11-25 Christoph Goldgruber , Benedikt Pittl , Erich Schikuta

We study liquidity on decentralized exchanges (DEXs), identifying factors at the platform, blockchain, token pair, and liquidity pool levels with predictive power for market depth metrics. We introduce the v2 counterfactual spread metric, a…

Trading and Market Microstructure · Quantitative Finance 2025-01-20 Brian Z. Zhu , Dingyue Liu , Xin Wan , Gordon Liao , Ciamac C. Moallemi , Brad Bachu

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 (AMM) protocol in the context of decentralized finance. Our…

Optimization and Control · Mathematics 2026-04-14 Agustín Muñoz González , Juan I. Sequeira , Rafael Orive Illera

Despite major advancements in nonlinear programming (NLP) and convex relaxations, most system operators around the world still predominantly use some form of linear programming (LP) approximation of the AC power flow equations. This is…

Optimization and Control · Mathematics 2021-07-19 Sleiman , Mhanna , Pierluigi , Mancarella

Decentralized exchanges (DEXs) provide a means for users to trade pairs of assets on-chain without the need for a trusted third party to effectuate a trade. Amongst these, constant function market maker DEXs such as Uniswap handle the most…

Computer Science and Game Theory · Computer Science 2022-08-29 Zhou Fan , Francisco Marmolejo-Cossío , Ben Altschuler , He Sun , Xintong Wang , David C. Parkes

Current LLM agents are proficient at calling isolated APIs but struggle with the "last mile" of commercial software automation. In real-world scenarios, tools are not independent; they are atomic, interdependent, and prone to environmental…

Artificial Intelligence · Computer Science 2026-05-21 Yuanyang Li , Xue Yang , Longyue Wang , Weihua Luo , Hongyang Chen

Prediction markets provide a unique setting where event-level time series are directly tied to natural-language descriptions, yet discovering robust lead-lag relationships remains challenging due to spurious statistical correlations. We…

Risk Management · Quantitative Finance 2026-03-02 Sumin Kim , Minjae Kim , Jihoon Kwon , Yoon Kim , Nicole Kagan , Joo Won Lee , Oscar Levy , Alejandro Lopez-Lira , Yongjae Lee , Chanyeol Choi

Liquidity and trading activity on constant function market makers (CFMMs) such as Uniswap, Curve, and Balancer has grown significantly in the second half of 2020. Much of the growth of these protocols has been driven by incentivized pools…

Trading and Market Microstructure · Quantitative Finance 2020-12-16 Guillermo Angeris , Alex Evans , Tarun Chitra

The latent position model (LPM) is a popular method used in network data analysis where nodes are assumed to be positioned in a $p$-dimensional latent space. The latent shrinkage position model (LSPM) is an extension of the LPM which…

Methodology · Statistics 2024-04-25 Xian Yao Gwee , Isobel Claire Gormley , Michael Fop

This document analyzes price discovery in cryptocurrency markets by comparing centralized and decentralized exchanges, as well as spot and futures markets. The study focuses first on Ethereum (ETH) and then applies a similar approach to…

Trading and Market Microstructure · Quantitative Finance 2025-06-11 Juan Plazuelo Pascual , Carlos Tardon Rubio , Juan Toro Cebada , Angel Hernando Veciana

We study the problem of optimal liquidity withdrawal for a representative liquidity provider (LP) in an automated market maker (AMM). LPs earn fees from trading activity but are exposed to impermanent loss (IL) due to price fluctuations.…

Trading and Market Microstructure · Quantitative Finance 2025-10-21 Philippe Bergault , Sébastien Bieber , Leandro Sánchez-Betancourt

Decentralized exchanges, such as those employing constant product market makers (CPMMs) like Uniswap V2, play a crucial role in the blockchain ecosystem by enabling peer-to-peer token swaps without intermediaries. Despite the increasing…

Computational Finance · Quantitative Finance 2025-04-23 Yu Zhang , Yafei Li , Claudio Tessone

The key of the post-disaster humanitarian logistics (PD-HL) is to build a good facility location and capacity planning (FLCP) model for delivering relief supplies to affected areas in time. To fully exploit the historical PD data, this…

Optimization and Control · Mathematics 2021-12-01 Zhuolin Wang , Keyou You , Zhengli Wang , Kanglin Liu

LLM agents are beginning to invoke industrial asset-management tools through the Model Context Protocol (MCP), yet whether they can act reliably on this substrate for safety-critical \emph{Prognostics and Health Management (PHM)} is…

Artificial Intelligence · Computer Science 2026-05-12 Tianjun Feng , Yunfeng Chen , Chun-Yi Tsai , Yihan Sun , Ayan Das , Kaoutar El Maghraoui , Shuxin Lin , Dhaval Patel

We investigate the most common type of blockchain-based decentralized exchange, which are known as constant function market makers (CFMMs). We examine the the market microstructure around CFMMs and present a model for valuing the liquidity…

Cryptography and Security · Computer Science 2023-06-21 Richard Dewey , Craig Newbold

Decentralized Finance (DeFi) is a rapidly evolving segment of blockchain technology that enables a transformative approach to financial services through Web3 applications. By leveraging smart contracts, DeFi allows developers to build…

Distributed, Parallel, and Cluster Computing · Computer Science 2026-05-01 Ignat Melnikov , Roman Vlasov , Vladimir Gorgadze , Andrey Seoev , Yury Yanovich
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