This thesis examines liquidity provision in decentralized exchanges within the decentralized finance ecosystem, overviewing challenges and opportunities tied to it. I present and define the problem of impermanent loss, explore the existing literature about it and propose a practicle dynamic hedging framework based on perpetual swaps, proposing also different strategies and evaluating the hedge modeling choices in a quantitative way.
This thesis examines liquidity provision in decentralized exchanges within the decentralized finance ecosystem, overviewing challenges and opportunities tied to it. I present and define the problem of impermanent loss, explore the existing literature about it and propose a practicle dynamic hedging framework based on perpetual swaps, proposing also different strategies and evaluating the hedge modeling choices in a quantitative way.
Impermanent Loss Hedging for Exotic Token Pairs
SCHIAVO, NICOLA
2024/2025
Abstract
This thesis examines liquidity provision in decentralized exchanges within the decentralized finance ecosystem, overviewing challenges and opportunities tied to it. I present and define the problem of impermanent loss, explore the existing literature about it and propose a practicle dynamic hedging framework based on perpetual swaps, proposing also different strategies and evaluating the hedge modeling choices in a quantitative way.| File | Dimensione | Formato | |
|---|---|---|---|
|
tesi_finale_pdfa.pdf
embargo fino al 10/09/2026
Dimensione
10.65 MB
Formato
Adobe PDF
|
10.65 MB | Adobe PDF |
The text of this website © Università degli studi di Padova. Full Text are published under a non-exclusive license. Metadata are under a CC0 License
https://hdl.handle.net/20.500.12608/90390