kaal:claim:3808852-025
Most decentralized exchanges have struggled with liquidity and price discovery.
Source quote, verbatim
Most DEX have been struggling with liquidity and price discovery.
From
Wulf A. Kaal, Decentralization and Feedback Effects (2021), IV. Market Decentralization, p. 18
https://ssrn.com/abstract=3808852 · source PDF
Cite as
Wulf A. Kaal, Decentralization and Feedback Effects (2021). SSRN: https://ssrn.com/abstract=3808852
Classification
failuresupport: assertedfailure: DEX liquidity and price discovery deficitfamily: liquidity-and-market-structure-failuredefieconomics
Verify
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Attestation record: colloquium/attestations/53adacdc548e5992...json
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