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the formula and the gap
Impermanent loss is the gap between two portfolios: the one that would simply have held your coins, and the one that put them into a liquidity pool. If the price of one half of the […]
automated market maker
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Decentralised Crypto Exchanges: DEX vs CEX
A decentralised crypto exchange, DEX for short, is a program on a blockchain that settles swaps itself, without a company holding customer funds in custody. Anyone using one pays two prices: a network fee to […]
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Will Flexible Liquidity Revive XRP DeFi?
When XRPL validators voted to enable native AMMs via the XLS‑30 amendment in 2024, traders immediately noticed something new: pool quotes started appearing alongside order‑book offers, and some routes priced better than legacy paths. For […]
