Price Adjustment When Updating Requires Execution: Evidence from Automated Market Makers
The study draws on a high-frequency analytic panel of 2.52 million block-level observations across two matched 5 bp ETH–USDC pools on Ethereum and Base.
Company · 2 documents
The study draws on a high-frequency analytic panel of 2.52 million block-level observations across two matched 5 bp ETH–USDC pools on Ethereum and Base.
The study constructs a dataset of 3,033,857 Ethereum addresses from 15 CEXs and five Non-CEX categories using Proof-of-Reserves disclosures.