ET
EthCC
/EthCC2024

MEV capturing AMM, from theory (FM-AMM) to practice (CoWAMM)

Thu, Jul 11, 2024, 08:28 AM · 21:24

Arbitrageurs and attackers extract value from AMMs LPs (LVR) and traders (sandwich attacks). We present a new AMM called Function Maximizing AMM that eliminates both problems. This design is the base of CoWAMM, a new MEV-capturing AMM by CoWSWAP.

CoW Protocol

Senior research economist at CoW Swap