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Ludwig
2,103 Twitter followers
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ceo @Sorellalabs 🦀/ Prev: cs/econ @Uchicago 🔜Å
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Ludwig
05-16
These are the cumulative 15m markouts for the Fluid ETH/USDC pool. It has bled out $8.5m in EV, and its trades were unprofitable all the time, not just during rebalances. There are no profits to make up for the costs from rebalancing. The pool never makes money in expectation.
ETH
0.58%
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Ludwig
05-16
Thread
#Thread#
The $USDC - $ETH @0xfluid pool lost a staggering 1.2M to 2M during Apr 02–10 to CEX-DEX arbitrage. Here’s why those losses happened, why Fluid’s proposed fixes will make things worse, and how @angstromxyz fixes this. 🧵👇 twitter.com/0xvanbeethoven/sta...
ETH
0.58%
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Ludwig
05-14
We’re seeing crazy traction @flashnet - if you’re a cracked low level distributed systems engineer and care about Bitcoin, hit my dms. I want to work with you
BTC
0.29%
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