Exploring Price Accuracy on Uniswap V3 in Times of Distress
Exploring Price Accuracy on Uniswap V3 in Times of Distress
Financial markets have evolved over centuries, and exchanges have converged to rely on the order book mechanism for market making. Latency on the blockchain, however, has prevented decentralized exchanges (DEXes) from utilizing the order book mechanism and instead gave rise to the development of market designs that are better suited …