ArjunG

Quantitative Researcher + CTO @LevMnyc
Fmr. Fidelity Digital Assets, @KryptonDEX
Alumnus @Caltech @UofIllinois
Physicist at heart

[ArjunG @arjun_g_krypto]

neat article
https://t.co/ZKIdYvA5gh

[sreesree @greco_radar]

You cannot build a perp on a prediction market. A perp liquidates against a price path. Event contracts sit at 0.60 for weeks and then they're 0 or 1. There's no level to get out at before the loss is total.

[ArjunG @arjun_g_krypto]

@MichaelCNowotny Fun fact: the null distribution of the energy distance test statistic is related to the norm of a Brownian bridge

[Michael Nowotny @MichaelCNowotny]

https://t.co/c4tcsuMA7q

[Joshua Lim @joshua_j_lim]

1/ I’ve spent most of the last few weeks since the Google, Caltech papers to think about tradable implications around quantum computing and crypto

specifically what happens to the market around q-day

[Michael Nowotny @MichaelCNowotny]

https://t.co/yS4RqnMdMt

[Krypton Exchange @KryptonDEX]

5/11 How Krypton protects market makers:
• Reduced Adverse Selection: Market makers can react to signals before significant losses occur.
• Fairer Competition: Toxic traders can't easily exploit short-term info advantages.
• Incentives for Liquidity Provision: Protected profits encourage market makers to provide more liquidity, benefiting all.

[Krypton Exchange @KryptonDEX]

What is the best way to trade on Krypton’s completely novel exchange mechanism?
We are thrilled to share our research on optimal trade execution on Krypton, co-authored by co-founder and CEO @MichaelCNowotny and @arjun_g_krypto

[Three Sigma | Web3 Security @threesigmaxyz]

One trader VS. Hyperliquid’s HLP vault.

$4M gone. No bug. No exploit. Just a brutal game of liquidity mechanics.

Here’s how they pulled it off. 🧵👇

[Florian Ederer @florianederer]

This is an amazing 4-page paper by Jay Ritter about how he, a famous finance professor, lost a lot of money trading futures to Fischer Black, another famous finance professor.

It should be required reading for anybody trading derivatives. @bennpeifert

h/t @alz_zyd_

[Kevin Sekniqi 🔺 @kevinsekniqi]

New Sunday read

Custom Avax L1s aren't only powerful, they are actually necessary for some types of applications (besides the obvious web2 to web3 transition ones).

TLDR: only way to have safe, non-toxic order books. Not possible on L2s, Sol, etc.

https://t.co/NQ2DdDiXnE

[ArjunG @arjun_g_krypto]

one of the better explanations of Black-Scholes I've come across (no Ito lemma required!) https://t.co/GT4Zlp7V7j