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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