# Decentralized Market Making  How does it Work, What is it, and Why we need it - Ari Rodriguez

- Channel: [Ethereum Denver](https://streameth.org/ethereum-denver)
- Date: 2023-10-07
- Duration: 23:39
- Watch: https://streameth.org/watch/yt-yNy2jpbyuuQ
- YouTube: https://www.youtube.com/watch?v=yNy2jpbyuuQ

## Description

With the recent events of Luna, 3AC, FTX, and Alameda Research it is pretty apparent that existing market makers need to be disrupted. Market making should be transparent, non custodial and permissionless. In this talk I will explore what the challenges of existing market making are, and how market making can be done on UniswapV3. Explaining how market making strategies that have existed for 20+ years can actually also be executed and applied to UniswapV3 LPing.

https://twitter.com/kassandraETH
Ari Rodriguez
CTO
Arrakis Finance
Ari is the CTO of Arrakis and thus leads development. He is an experienced web3 engineer with a background in mathematics and cryptography. Before designing and building Arrakis he was a senior smart contract engineer at Gelato Network where we focussed on smart contract security, protocol design & smart contract integrations. Before joining Gelato, Ari was a cryptography researcher focussing on privacy and state channels.