Automated Market Makers: A Practical Guide to Decentralized Exchanges and Cryptocurrency Trading

Miguel Ottina

9 évaluations par Goodreads

Langue : anglais

Edité par APress, 2023

1484286154 / 9781484286159

Vendeur : World of Books Inc, Montgomery, IL, Etats-UnisWorld of Books Inc

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Explore Automated Market Makers (AMMs), the underlying protocols used by decentralized exchanges (DEX) to allow users to perform trades of cryptocurrencies in a decentralized way with no middlemen. This book provides a thorough study and a clear-cut exposition of the principal AMMs (Uniswap v2 and v3, Balancer, and Curve).You'll receive a detailed description of how these AMMs work, unveiling the mathematics behind them and showing plenty of examples as well as novel proofs for several interesting facts. Each chapter describes an AMM's core idea and derives the mathematical formulas used in the code, giving careful explanations of the logical thinking involved and detailing the steps needed to reach those formulas. All these explanations are complemented with thoughtfully chosen examples which further help to enlighten the readers on how the formulae work. In addition, the relevant parts of the codes of the AMMs are shown after explaining each formula sothat the actual implementation of the formulae can be seen.In a traditional trading market a buy order has to be matched with a sell order to achieve a trade. However, for an AMM, users trade against the protocol itself, a smart contract, or a community pool of funds. In simple terms this is an open source computer program in which mathematical formulas define prices. Automated Market Makers examines this critical point revealing that no banks or intermediaries are necessary, giving crucial financial access to a much larger crowd, regardless of who they are with less barriers to access.What You'll LearnUnderstand the principals of decentralized finance (DeFi)Grasp mathematical formulae that underpin decentralized exchangesWork with Solidity programming languageReview current industry best practices  Who This Book Is ForThose new to Blockchain and Cryptocurrency trading, who want to learn more about AMMsDevelopers who want to dive deeper into the core features of AMM platformsInvestors and venture capitalists who want to know more about new emerging technologies.

N° de réf. du vendeur CIN1484286154A

Titre
Automated Market Makers: A Practical Guide to Decentralized Exchanges and Cryptocurrency Trading
Auteur
Miguel Ottina
Éditeur
APress
Année de publication
2023
État de l'article
Fair
Reliure
Paperback
Langue
anglais
ISBN à 10 chiffres
1484286154
ISBN à 13 chiffres
9781484286159

World of Books Inc

Montgomery, IL, Etats-Unis

Vendeur avec une évaluation de 4 étoiles

Vendeur AbeBooks depuis 23 mars 2026

Frais d'expédition à l'intérieur de ce pays : Etats-Unis

Article4 à 12 jours ouvrés3 à 6 jours ouvrés
Premier articleEUR 0,00EUR 9,55
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Founded in 2002, World of Books is a leading online destination for buying and selling both preloved and new books, committed to making sustainable reading accessible to all. With a mission to help people read more and waste less, World of Books offers a huge range of affordable, high-quality books — giving both new and preloved titles a second life. The company also operates World of Books – Sell Your Books, an easy-to-use platform that allows customers to trade in unwanted books for cash, helping to keep books in circulation while promoting sustainability. As a Certified B Corp, World of Books is driven by a vision to become the world’s largest and most sustainable dedicated online bookstore. The company measures its success through the positive environmental impact it creates, the value it provides to customers, and its ability to operate profitably while supporting its sustainable mission

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