Automated Market Makers: A Practical Guide to Decentralized Exchanges and Cryptocurrency Trading
Language: English
Published by APress, 2023
- Softcover
- Used

Seller: World of Books Inc, Montgomery, IL, U.S.A.World of Books Inc
AbeBooks seller since March 23, 2026
Condition: Used - Fair
£ 201.86
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Add to basketItem description from seller
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.…
Seller Inventory # CIN1484286154A
- Title
- Automated Market Makers: A Practical Guide to Decentralized Exchanges and Cryptocurrency Trading
- Author
- Miguel Ottina
- Publisher
- APress
- Publication year
- 2023
- Condition
- Fair
- Binding
- Paperback
- Language
- English
- ISBN 10
- 1484286154
- ISBN 13
- 9781484286159
What You'll Learn
- Understand the principals of decentralized finance (DeFi)
- Grasp mathematical formulae that underpin decentralized exchanges
- Work with Solidity programming language
- Review current industry best practices
Who This Book Is For
- Those new to Blockchain and Cryptocurrency trading, who want to learn more about AMMs
- Developers who want to dive deeper into the core features of AMM platforms
- Investors and venture capitalists who want to know more about new emerging technologies
"Synopsis" may belong to another edition of this title.
About the Author
Miguel Ottina is a Mathematician born and raised in Buenos Aires. He obtained a degree in Mathematics in 2005 and a Ph.D. in Mathematics in 2009, both from the University of Buenos Aires, and worked as a Professor for many years. He has published several peer-reviewed academic articles and has given more than fifteen conference presentations.
In February 2022, he started working in the Web3 industry, ap- plying his mathematical knowledge and expertise to the cutting- edge field of cryptocurrencies and Decentralized Finance, and he has already become an expert in Automated Market Makers. After finding out that the literature on Automated Market Makers is frequently incomplete and not precise, he decided to write this book with Peter and Jesper so as to provide newcomers with a friendly, clear, and thorough explanation of the primary Automated Market Makers, and to offer developers a solid, broad and profound exposition which will allow them to gain a deeper understanding in order to continue building.
Jesper Kristensen has worked in the Web3 space for years in both consulting and full-time capacities. Jesper holds a Ph.D. and two master’s degrees in Applied and Engineering Physics from Cornell University. Jesper worked four years at General Electric Research, publishing nine articles, one book chapter, and giving seventeen conference presentations and invited talks. Following this, he did stints in the Tech industry and Finance for three years, and has led a large Web3 Research department. His primary motivation for writing this book is twofold. First, when Jesper was first introduced to the Web3 space, he noticed that a lot of confusion about how Automated Market Makers worked circulated and that multiple people gave incorrect answers around their inner workings ―and this book seeks to settle this type of conflicts. Second, he wants to offer a one-stop complete guide to learn about Automated Market Makers.
"About the title" may belong to another edition of this title.
World of Books Inc
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AbeBooks seller since March 23, 2026
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