An Updating AMM to Bootstrap Liquidity in a Stable Manner | Neel Tiruviluamala - Forte

Thu, Oct 2, 2025, 12:00 AM

Constant-function market makers (CFMMs) have a nice path independence property observed by Buterin and others: ignoring fees and liquidity additions, the price that the CFMM presents can be determined from only net inflows and outflows. In our extended updating curve framework, price IMPACT, instead of price, inherits this property. 🚀 Get Ready for ETHDenver 2025! 🚀 We're already hard at work preparing for next year's biggest Web3 event! Keep your eyes peeled for more info on ETHDenver 2025—it’s going to be epic! 🌟