Learn DeFi from First Principles

The first comprehensive guide of the theory and real life operation of Decentralized Exchanges and Automated Market Makers.

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  • A Go-To Resource for AMMs

    "I eagerly awaited the release of this book and was not disappointed upon finally receiving it. It is an excellent resource that provides a comprehensive overview of automated market makers (AMMs), both from a mathematical and practical standpoint. The book includes a wealth of examples to illustrate the concepts discussed, making it an invaluable resource for anyone interested in this topic."

  • Trustworthy Authors

    "Fantastic book! The authors did an incredible job providing a thorough exploration of various AMM concepts, covering everything from Constant Function Market Makers like Uni v2, Balancer, and Curve, to the more complex concentrated liquidity AMM, Uni v3.

    Not to mention that the authors have great backgrounds in math and DeFi, so they are very reputable sources to write on this topic."

  • Mathematical Rigor Meets Easy-To-Follow Examples

    "The book starts from the basics of Automated Market Makers (AMMs), and covers content all the way up to Uniswap V3, easily one of the more complicated types of AMMs currently in the web3 space. It discusses the theoretical foundations of AMMs on a very reader-friendly manner.

    Overall, as someone who both really appreciates mathematical rigorosity (something that at times I feel is lacking in some of the other DeFi literature) as well as clear, easy-to-follow examples, I highly recommend this book."

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