Results 21 to 30 of about 156 (54)
Decentralized Exchanges: The Profitability Frontier of Constant Product Market Makers
, 2023 In this paper we analyze constant product market makers (CPMMs). We formalize the liquidity providers' profitability conditions and introduce a concept we call the profitability frontier in the xyk-space.
Bitterli, Tobias, Schär, Fabian
core
A study on Non-Performing Assets Cases and Cryptocurrency in Japan
, 2023 The economic bubble bursting resulted in a large number of non-performing loans in Japanese financial institutions, which weakened their functions and prevented them from extending credit for normal economic activities. However, cryptocurrency operations
Fujiwara, Burina
core
Quantifying MEV On Layer 2 Networks
, 2023 This paper addresses the lack of research on quantifying Maximal Extractable Value (MEV) on Ethereum Layer 2 networks (L2s). Our findings reveal a substantial amount of MEV to be extracted on L2s, particularly on Polygon, with a lower bound of $213 ...
Bagourd, Arthur, Francois, Luca Georges
core
Multimodal Gen-AI for Fundamental Investment Research
, 2023 This report outlines a transformative initiative in the financial investment industry, where the conventional decision-making process, laden with labor-intensive tasks such as sifting through voluminous documents, is being reimagined. Leveraging language
Chang, Ting-Yu, Li, Lezhi, Wang, Hai
core
Large Language Models in Finance: A Survey
, 2023 Recent advances in large language models (LLMs) have opened new possibilities for artificial intelligence applications in finance. In this paper, we provide a practical survey focused on two key aspects of utilizing LLMs for financial tasks: existing ...
Chen, Hang +3 more
core
Decomposing cryptocurrency dynamics into recurring and noisy components
, 2023 This paper investigates the temporal patterns of activity in the cryptocurrency market with a focus on bitcoin, ether, dogecoin, and winklink from January 2020 to December 2022.
Drożdż, Stanisław +3 more
core
InvestLM: A Large Language Model for Investment using Financial Domain Instruction Tuning
, 2023 We present a new financial domain large language model, InvestLM, tuned on LLaMA-65B (Touvron et al., 2023), using a carefully curated instruction dataset related to financial investment.
Tam, Kar Yan, Tang, Yixuan, Yang, Yi
core
Security Issuance, Institutional Investors and Quid Pro Quo: Insights from SPACs
, 2023 Security issuance is subject to informational and agency-related frictions. However, their effects on IPO underpricing are difficult to disentangle. We consider SPACs and use their institutional features to study these effects separately. To this end, we
Aryal, Gaurab +3 more
core
How To Win Acceptance Of The Inequality Process As Economics? [PDF]
, 2013 The Inequality Process (IP) is a particle system model similar to that of the Kinetic Theory of Gases. The IP is a parsimonious model of competition among people for wealth.
Angle, John
core
FinBen: A Holistic Financial Benchmark for Large Language Models
LLMs have transformed NLP and shown promise in various fields, yet their potential in finance is underexplored due to a lack of comprehensive evaluation benchmarks, the rapid development of LLMs, and the complexity of financial tasks.
Ananiadou, Sophia +33 more
core