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AMM

Math at Uniswap V2

6 minute read

Published:

How a single equation — x·y = k — powers a decentralised exchange. Step-by-step derivation of the output formula Δy, with and without the 0.3 % fee.

DeFi

Math at Uniswap V2

6 minute read

Published:

How a single equation — x·y = k — powers a decentralised exchange. Step-by-step derivation of the output formula Δy, with and without the 0.3 % fee.