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Otter: A Provably MEV-Resilient Automated Market Maker via Surplus Redistribution

Shi, Elaine et al.
arXiv (All) · Papers
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computer-science-and-game-theory
Miner extractable value (MEV) in automated market makers allows block builders to profit from transaction ordering and injected trades, imposing costs on users and contributing to builder centralization. We introduce Otter (Optimal Truthful Trading with Excess Redistribution), a two-asset batch AMM
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