Isbn: 9798896652441 - crypto market microstructure: amms, dexs, and centralized order books (5 risultati)

Condizione: New.

PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Condizione: new. Paperback. "Crypto Market Microstructure: AMMs, DEXs, and Centralized Order Books"Crypto trading is often framed as charts and narratives, but your real edge-and your biggest risks-live in the mechanics of how trades actually get filled. This book is written for active crypto traders, quant-minded investors, and builders who need a clear, practical mental model of execution across the two dominant venue designs: centralized limit order books (CEXs) and on-chain automated market makers (DEXs). If you've ever wondered why "the same price" produces different results across venues, this is the missing layer.You'll learn the end-to-end lifecycle of a trade and a unified cost model that includes spreads, impact, fees, funding, gas, and MEV. On the CEX side, the book breaks down order book anatomy, order types, matching priority, latency and queue position, and why real fills diverge from naive backtests. On the DEX side, it explains block-level execution, constant-product AMM slippage, concentrated liquidity behavior, LP economics, and MEV as an execution tax. The final chapters turn these mechanics into practice: transaction cost analysis across venues, sizing and scheduling, routing and arbitrage, and defenses against failure modes and manipulation.No advanced math is required, but comfort with trading basics helps. The differentiator is consistency: every concept is tied to measurable execution outcomes so you can choose venues, design systems, and trade with fewer surprises. This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability.…

Taschenbuch. Condizione: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - 'Crypto Market Microstructure: AMMs, DEXs, and Centralized Order Books'Crypto trading is often framed as charts and narratives, but your real edge-and your biggest risks-live in the mechanics of how trades actually get filled. This book is written for active crypto traders, quant-minded investors, and builders who need a clear, practical mental model of execution across the two dominant venue designs: centralized limit order books (CEXs) and on-chain automated market makers (DEXs). If you've ever wondered why 'the same price' produces different results across venues, this is the missing layer.You'll learn the end-to-end lifecycle of a trade and a unified cost model that includes spreads, impact, fees, funding, gas, and MEV. On the CEX side, the book breaks down order book anatomy, order types, matching priority, latency and queue position, and why real fills diverge from naïve backtests. On the DEX side, it explains block-level execution, constant-product AMM slippage, concentrated liquidity behavior, LP economics, and MEV as an execution tax. The final chapters turn these mechanics into practice: transaction cost analysis across venues, sizing and scheduling, routing and arbitrage, and defenses against failure modes and manipulation.No advanced math is required, but comfort with trading basics helps. The differentiator is consistency: every concept is tied to measurable execution outcomes so you can choose venues, design systems, and trade with fewer surprises.…

Taschenbuch. Condizione: Neu. Crypto Market Microstructure | AMMs, DEXs, and Centralized Order Books | Victor Trex | Taschenbuch | Englisch | 2025 | NobleTrex Press | EAN 9798896652441 | Verantwortliche Person für die EU: Libri GmbH, Europaallee 1, 36244 Bad Hersfeld, gpsr[at]libri[dot]de | Anbieter: preigu Print on Demand.…