About this episode
This podcast covers Maximal Extractable Value (MEV), Loss-Versus-Rebalancing (LVR) and associated mitigation methods. To provide more background, MEV is the economic value that can be extracted from blockchain users through arbitrage activity. Of particular note, arbitrageurs can extract value from liquidity providers at Decentralized Exchanges (DEXs) where these losses are known as Loss-Versus-Rebalancing (LVR). After explaining both MEV and LVR, this podcast focuses on mitigation methods including expedited block times and auction mechanisms intended to extract MEV.
Guest: Professor Ciamac Moallemi (Columbia University)
Paper: Automated Market Making and Arbitrage Profits in the Presence of Fees
🎧 Listen on Spotify and Apple Podcasts
Guests
Ciamac Moallemi
William von Mueffling Professor of Business in the Decision, Risk, and Operations Division of the Graduate School of Business at Columbia University
Andreas Park
Professor of Finance at the University of Toronto.
Fahad Saleh
Associate Professor at the University of Florida
