Ethereum Portfolio Management
March 15, 2024 • 5 min read
What do allocators want? What does Ethereum need? How do we balance confilicting objectives?
Economics,Macro
Blog
Liquid Staking Liquidity
March 8, 2024 • 5 min read
Thoughts on the LST liquidity meta
AMMs,Economics
Kits: Development, Testing and User Flows
March 1, 2024 • 7 min read
Our vision for building with and using Arbiter as a kit for Ethereum applications.
Arbiter,Smart Contracts
DFMM Strategies: Automating Portfolio Management
February 23, 2024 • 3 min read
A practical guide to how DFMM strategies construct expressive and dynamic automated portfolios.
AMMs,Economics
DFMM Protocol Overview
February 16, 2024 • 16 min read
A technical overview of the DFMM protocol.
Technical,Security,AMM
Arbiter: A Year in Review
February 8, 2024 • 5 min read
What we've done and whats planned.
Arbiter
Dynamic Function Market Makers
February 1, 2024 • 20 min read
A formal overview of Dynamic Function Market Makers.
Technical,Mathematics,AMMs
Excalibur Release
January 26, 2024 • 7 min read
An application connected directly to DeFi.
Excalibur
Portfolio: A New Asset Management Primitive
October 26, 2023 • 5 min read
A non-custodial protocol for managing portfolios of assets that use customized strategies.
AMMs,Smart Contracts,Technical
Arbiter v0.4.0 and Arbiter Core v0.6.0
October 11, 2023 • 8 min read
This release focuses on a number of quality of life improvements and new features.
Arbiter,Technical
Primitive x Umbral
September 27, 2023 • 2 min read
Umbral will be using Primitive’s open source EVM logic simulator tool, Arbiter, to conduct holistic economic audits, protocol parametrization and smart contract simulation.
Arbiter,Economics,Research
Arbiter-Core Release v0.5.0
September 14, 2023 • 8 min read
What we've added, what is planned, and how we will do it.
Arbiter,Technical
Arbiter Release v0.3.0
August 22, 2023 • 6 min read
This release includes a full rewrite of the middleware interface over REVM, and we are very excited to share it with you.
Arbiter,Technical
Portfolio Management: Fee Generation in AMMs
April 27, 2023 • 11 min read
In this blog post, we will explore a more nuanced aspect of liquidity provision in a CFMM: how fees are generated on the CFMM and how does your liquidity distribution affect that? Our aim here is to provide an accessible yet comprehensive explanation of fee growth in a CFMM and how path dependency plays a crucial role within the process.
AMMs,Mathematics,Economics,Research
Portfolio Management: Value Functions and LP Shares
April 3, 2023 • 12 min read
LP shares in CFMMs can be thought of as autonomously managed portfolios.
AMMs,Mathematics,Economics,Research
Year 4
March 29, 2023 • 2 min read
Fourth year, same mission: onchain finance.
Macro
Introducing Arbiter v0.1.0
March 26, 2023 • 5 min read
Today we are excited to announce our beta release of Arbiter, a fast analysis tool with EVM parity
Arbiter,Security,Economics,Research
Introduction to On-Chain Portfolio Management
March 7, 2023 • 11 min read
In this article, I will outline two key use cases for Replicating Market Makers (RMMs) and introduce a method for recovering a trading function based on a desired liquidity distribution. I then show how this is exactly the technology we need for passive portfolio management and how Primitive Portfolio utilizes it..
AMMs,Mathematics,Economics,Research
Portfolio Pre-release
March 1, 2023 • 2 min read
Today we are unveiling Primitive’s newest protocol called Portfolio.
AMMs,Smart Contracts,Technical
Solstat: A statistical approximation library
February 24, 2023 • 18 min read
Solstat is a precise and efficient statistical approximation library for Solidity.
Smart Contracts,Mathematics,Technical
Are Layer 2 Networks Good for Uniswap Liquidity Providers?
October 19, 2022 • 3 min read
Liquidity Providers (LPs) using Uniswap V3 should ask themselves whether bridging to a layer 2 network can generate more fees than staying on Ethereum.
AMMs,Research
Gamma Exposure for Liquidity Providers Leads to Loss-Versus-Rebalancing
September 30, 2022 • 6 min read
This post compares DeFi LPs and TradFi MMs and connects the dots between LVR and GEX. We discuss how market designers, crypto traders, LPs and quants can build positions to reduce the GEX loss vector. By understanding GEX and LVR, LPs can try to predict how to best manage their positions.
AMMs,Mathematics,Economics,Research
Primitive Arbitrage
September 16, 2022 • 8 min read
In this piece, we show searchers and software engineers that it’s fairly simple to calculate the optimal arbitrage for making a profit on RMM-01, Primitive’s Replicating Market Maker (RMM).
Arbitrage,AMMs,Mathematics
RMM-01 Math Approximation Error
September 9, 2022 • 4 min read
On September 8, 2022, at 06:30 UTC, a liquidity pool in the Primitive RMM-01 protocol experienced a pricing issue due to a specific situational error in the math approximation functions. No user funds are at risk.
Security,AMMs
Early Sunset for RMM-01
September 9, 2022 • 3 min read
On September 8, 2022, a liquidity pool in the Primitive RMM-01 protocol experienced a pricing issue. No user funds are at risk because once the pool expired, there was no way to exploit the pool’s pricing; however, we recommend all users remove 100% of their liquidity from any outstanding RMM-01 positions.
Security,AMMs
Primitive Raises $9 Million in Series A Funding to Build AMM Discovery Platform
August 19, 2022 • 3 min read
Primitive will use Series A funding to build AMM discovery platform that broadens accessibility to liquidity provision.
AMMs,Macro,Research