Tootfinder

This https://arxiv.org/abs/2309.13648 has been replaced.
link: https://scholar.google.com/scholar?q=a

Don't Let MEV Slip: The Costs of Swapping on the Uniswap Protocol
We present the first in-depth empirical characterization of the costs of trading on a decentralized exchange (DEX). Using quoted prices from the Uniswap Labs interface for two pools -- USDC-ETH (5bps) and PEPE-ETH (30bps) -- we evaluate the efficiency of trading on DEXs. Our main tool is slippage -- the difference between the realized execution price of a trade, and its quoted price -- which we breakdown into its benign and adversarial components. We also present an alternative way to quantify …

This https://arxiv.org/abs/2309.13648 has been replaced.
link: https://scholar.google.com/scholar?q=a

Don't Let MEV Slip: The Costs of Swapping on the Uniswap Protocol
We present the first in-depth empirical characterization of the costs of trading on a decentralized exchange (DEX). Using quoted prices from the Uniswap Labs interface for two pools -- USDC-ETH (5bps) and PEPE-ETH (30bps) -- we evaluate the efficiency of trading on DEXs. Our main tool is slippage -- the difference between the realized execution price of a trade, and its quoted price -- which we breakdown into its benign and adversarial components. We also present an alternative way to quantify …