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Mark Woelders
Warwick Business School
2022
Market Depth and Liquidity Provision Profitability Uniswap V3/V2

This paper compares the market depth and liquidity provision profitability of the automated market makers (AMMs) Uniswap V3 and Uniswap V2 empirically. Due to the complexity of the algorithms, the ETH-USDC pools of both AMMs are used to make this comparison. Specifically, the market depth is measured following the framework of (Robinson and Liao, 2022)