ciamac moallemi (@ciamac) / X

ciamac moallemi

463 posts

ciamac moallemi

@ciamac

professor @Columbia_Biz / research @paradigm @uniswap / stochastic control, quantitative finance, market microstructure, blockchain

new york city

Joined February 2009

Pinned
ciamac moallemi
@ciamac
Jul 24, 2025
The gaslighting here is astonishing. Acting President @ClaireShipman should speak for herself. As a @Columbia faculty member I do not share her values of authoritarian university governance and enforcement of ideological conformity, all to advance a racist Trump admin agenda.
Columbia Daily Spectator
@ColumbiaSpec
Jul 24, 2025
Acting University President Claire Shipman, CC ’86, SIPA ’94, described Columbia’s Wednesday agreement with President Donald Trump’s administration to pay $220 million to restore funding as “in line with our values” in her first interview with Spectator. l8r.it/agLK
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ciamac moallemi
@ciamac
May 24, 2023
1/ New paper “Automated Market Making and Arbitrage Profits in the Presence of Fees” by @jason_of_cs @ciamac @Tim_Roughgarden moallemi.com/ciamac/papers/…
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ciamac moallemi
@ciamac
Aug 20, 2024
Just posted video of my talk on "DeFi in the MEV Era" at the recent @paradigm research workshop. 🧵
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ciamac moallemi
@ciamac
May 31, 2024
The two most popular mechanisms for onchain trading are AMMs and Dutch auctions. Both leak MEV to arbitrageurs. For AMMs, this is now well understood as loss vs rebalancing (LVR). What about Dutch auctions? New paper with @danrobinson 🧵
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ciamac moallemi
@ciamac
Oct 21, 2024
New research alert! With @The_Zhukeeper @xin__wan @danrobinson @BradBachu, we show that, counterintuitively, protecting users from paying fees for failed transactions can increase total fee revenue!
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ciamac moallemi
@ciamac
Jan 10, 2024
By popular demand, videos from the Columbia CryptoEconomics Workshop in December have been posted, enjoy!
youtube.com
Columbia CryptoEconomics Workshop 2023
Economics and incentives are a critical part of the design of modern layer-1 blockchain protocols such as Ethereum. For example, scarce resources like blocks...
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ciamac moallemi
@ciamac
Mar 5, 2024
I'm thrilled to be working with @danrobinson and the rest of the team at @paradigm!
Dan Robinson
@danrobinson
Mar 5, 2024
Thrilled to have @ciamac join @paradigm as a Research Advisor! @ciamac is a Columbia finance professor and quant who is one of the sharpest and most practical researchers I've met He coauthored the LVR papers, which set the gold standard for influential academic DeFi research
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ciamac moallemi
@ciamac
Mar 7, 2024
New paper alert! We propose a novel AMM design that seeks to address two interrelated questions (1) how should an AMM set the trading fee? (2) How can an AMM mitigate LVR / liquidity provided losses to arbs.
Dan Robinson
@danrobinson
Mar 7, 2024
Introducing the auction-managed AMM! A new AMM design that: ⚖️ Reduces LVR ⚙️ Optimizes swap fees 📈 Smooths LP returns 🌊 Should attract higher liquidity than any fixed-fee AMM New paper with @ciamac (@paradigm / @Columbia_Biz) and @aadams @saraareynolds (@Uniswap)
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ciamac moallemi
@ciamac
Nov 5, 2024
New work with @danrobinson on an AMM design optimized for prediction markets ...
Dan Robinson
@danrobinson
Nov 5, 2024
New Paradigm research from me and @ciamac! Prediction markets were the original motivation for AMMs, but today they mostly use orderbooks One reason: outcome tokens don't behave like other assets We present the pm-AMM, a new invariant designed for prediction markets 🧵
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ciamac moallemi
@ciamac
Aug 25, 2024
This is at best misleading. Dark pools suffer transaction costs through adverse selection: you are more likely to get filled when prices are moving in your direction and you'd prefer not to. This is a real cost!
Renegade 🏴‍☠️
@renegade_fi
Aug 25, 2024
Replying to @renegade_fi
Dark pools enable sales with zero price impact. Since crossing networks provide a way to "cross" natural buy and sell flow, trading with Renegade means guaranteed best execution, with zero price impact whatsoever! x.com/renegade_fi/st…
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ciamac moallemi
@ciamac
Jul 18, 2024
Interesting discussion between @0x94305 and @AndreaCanidio, both of whom are experts and have thought deeply about DEX design, on evaluating the real-world performance of @CoWSwap AMM. Two questions I'd like to discuss: 🧵
Andrea Canidio
@AndreaCanidio
Jul 18, 2024
Replying to @0x94305
I think to evaluate a new type of AMM, you need to check whether LPs make more money by LPing in the new AMM than the alternative. The rest is an interesting intellectual exercise.
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ciamac moallemi
@ciamac
Dec 12, 2024
video for this year's Columbia Cryptoeconomics Workshop as been posted! thank you to all the speakers and attendees for participating!
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ciamac moallemi
@ciamac
Jul 30, 2024
I’m excited to be helping Hyperbolic design economics and incentives for decentralized AI!
Hyperbolic
@hyperbolic_labs
Jul 30, 2024
We are thrilled to announce a $7M raise to become the leading Open-Access AI Cloud 🤘🏼🌪️ At Hyperbolic, we’re building an open AI ecosystem and economy where everyone who contributes is rewarded. Our goal is not to merely optimize AI performance to compete with traditional Web2
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ciamac moallemi
@ciamac
Jun 2, 2025
New research with @_Dave__White_ @danrobinson: how to implement customizable, concentrated liquidity for n>2 asset stablecoin AMMs.
Dave White
@_Dave__White_
Jun 2, 2025
The future holds a million stablecoins. Today's infra isn't ready. Introducing Orbital, an automated market maker for pools of 2, 3, or 10,000 stablecoins. Orbital unlocks capital efficiency by bringing concentrated liquidity to higher dimensions. w/ @danrobinson @ciamac 1/8
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