Overview
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Explore a 43-minute lecture by Zachary Feinstein from Stevens Institute of Technology on the mathematical foundations of pricing and hedging liquidity tokens within constant product market makers (CPMMs). Delivered on May 8, 2025, as part of the Fields Institute's Workshop on Decentralized Finance and Market Microstructure, this talk delves into the quantitative aspects of decentralized finance mechanisms. Learn about the mathematical models that underpin liquidity provision in automated market makers and the strategies for risk management of liquidity positions. Suitable for those interested in the intersection of mathematical finance and blockchain technology.
Syllabus
Pricing and Hedging Liquidity Tokens of the Constant Product Market Maker
Taught by
Fields Institute