{"id":"https://openalex.org/W4308219230","doi":"https://doi.org/10.1145/3560832.3563435","title":"Exploring Price Accuracy on Uniswap V3 in Times of Distress","display_name":"Exploring Price Accuracy on Uniswap V3 in Times of Distress","publication_year":2022,"publication_date":"2022-11-04","ids":{"openalex":"https://openalex.org/W4308219230","doi":"https://doi.org/10.1145/3560832.3563435"},"language":"en","primary_location":{"id":"doi:10.1145/3560832.3563435","is_oa":false,"landing_page_url":"https://doi.org/10.1145/3560832.3563435","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Proceedings of the 2022 ACM CCS Workshop on Decentralized Finance and Security","raw_type":"proceedings-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5074821339","display_name":"Lioba Heimbach","orcid":"https://orcid.org/0000-0002-8258-1712"},"institutions":[{"id":"https://openalex.org/I35440088","display_name":"ETH Zurich","ror":"https://ror.org/05a28rw58","country_code":"CH","type":"education","lineage":["https://openalex.org/I2799323385","https://openalex.org/I35440088"]}],"countries":["CH"],"is_corresponding":true,"raw_author_name":"Lioba Heimbach","raw_affiliation_strings":["ETH Z\u00fcrich, Zurich, Switzerland"],"affiliations":[{"raw_affiliation_string":"ETH Z\u00fcrich, Zurich, Switzerland","institution_ids":["https://openalex.org/I35440088"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5064807098","display_name":"Eric Schertenleib","orcid":"https://orcid.org/0000-0002-0927-8178"},"institutions":[{"id":"https://openalex.org/I35440088","display_name":"ETH Zurich","ror":"https://ror.org/05a28rw58","country_code":"CH","type":"education","lineage":["https://openalex.org/I2799323385","https://openalex.org/I35440088"]}],"countries":["CH"],"is_corresponding":false,"raw_author_name":"Eric Schertenleib","raw_affiliation_strings":["ETH Z\u00fcrich, Zurich, Switzerland"],"affiliations":[{"raw_affiliation_string":"ETH Z\u00fcrich, Zurich, Switzerland","institution_ids":["https://openalex.org/I35440088"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5078339613","display_name":"Roger Wattenhofer","orcid":"https://orcid.org/0000-0002-6339-3134"},"institutions":[{"id":"https://openalex.org/I35440088","display_name":"ETH Zurich","ror":"https://ror.org/05a28rw58","country_code":"CH","type":"education","lineage":["https://openalex.org/I2799323385","https://openalex.org/I35440088"]}],"countries":["CH"],"is_corresponding":false,"raw_author_name":"Roger Wattenhofer","raw_affiliation_strings":["ETH Z\u00fcrich, Zurich, Switzerland"],"affiliations":[{"raw_affiliation_string":"ETH Z\u00fcrich, Zurich, Switzerland","institution_ids":["https://openalex.org/I35440088"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5074821339"],"corresponding_institution_ids":["https://openalex.org/I35440088"],"apc_list":null,"apc_paid":null,"fwci":2.1227,"has_fulltext":false,"cited_by_count":7,"citation_normalized_percentile":{"value":0.90000514,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":96,"max":98},"biblio":{"volume":null,"issue":null,"first_page":"47","last_page":"53"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10270","display_name":"Blockchain Technology Applications and Security","score":0.9997000098228455,"subfield":{"id":"https://openalex.org/subfields/1710","display_name":"Information Systems"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},"topics":[{"id":"https://openalex.org/T10270","display_name":"Blockchain Technology Applications and Security","score":0.9997000098228455,"subfield":{"id":"https://openalex.org/subfields/1710","display_name":"Information Systems"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9955000281333923,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.9940000176429749,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/market-liquidity","display_name":"Market liquidity","score":0.7588914036750793},{"id":"https://openalex.org/keywords/incentive","display_name":"Incentive","score":0.5430405139923096},{"id":"https://openalex.org/keywords/volatility","display_name":"Volatility (finance)","score":0.5171043872833252},{"id":"https://openalex.org/keywords/monetary-economics","display_name":"Monetary economics","score":0.514560878276825},{"id":"https://openalex.org/keywords/order","display_name":"Order (exchange)","score":0.49915432929992676},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.4262917637825012},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.4211249351501465},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.41052064299583435},{"id":"https://openalex.org/keywords/financial-economics","display_name":"Financial economics","score":0.32717329263687134},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.25407135486602783},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.1226874589920044}],"concepts":[{"id":"https://openalex.org/C183582576","wikidata":"https://www.wikidata.org/wiki/Q184783","display_name":"Market liquidity","level":2,"score":0.7588914036750793},{"id":"https://openalex.org/C29122968","wikidata":"https://www.wikidata.org/wiki/Q1414816","display_name":"Incentive","level":2,"score":0.5430405139923096},{"id":"https://openalex.org/C91602232","wikidata":"https://www.wikidata.org/wiki/Q756115","display_name":"Volatility (finance)","level":2,"score":0.5171043872833252},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.514560878276825},{"id":"https://openalex.org/C182306322","wikidata":"https://www.wikidata.org/wiki/Q1779371","display_name":"Order (exchange)","level":2,"score":0.49915432929992676},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4262917637825012},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.4211249351501465},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.41052064299583435},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.32717329263687134},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.25407135486602783},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.1226874589920044}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1145/3560832.3563435","is_oa":false,"landing_page_url":"https://doi.org/10.1145/3560832.3563435","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Proceedings of the 2022 ACM CCS Workshop on Decentralized Finance and Security","raw_type":"proceedings-article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":10,"referenced_works":["https://openalex.org/W2077791698","https://openalex.org/W3030156826","https://openalex.org/W3111099134","https://openalex.org/W3124772058","https://openalex.org/W3151748982","https://openalex.org/W3161895798","https://openalex.org/W3214088766","https://openalex.org/W4280596911","https://openalex.org/W4288079488","https://openalex.org/W6670045599"],"related_works":["https://openalex.org/W2367468089","https://openalex.org/W2358591856","https://openalex.org/W2098133976","https://openalex.org/W2347416728","https://openalex.org/W2468219149","https://openalex.org/W2974100988","https://openalex.org/W1985402745","https://openalex.org/W3121222132","https://openalex.org/W3122168985","https://openalex.org/W2392378997"],"abstract_inverted_index":{"Financial":[0],"markets":[1],"have":[2,8],"evolved":[3],"over":[4],"centuries,":[5],"and":[6,36,123],"exchanges":[7,28],"converged":[9],"to":[10,40,50,82,97,158],"rely":[11],"on":[12,21,108],"the":[13,22,32,41,54,92,106,114,127,138,163],"order":[14,33],"book":[15,34],"mechanism":[16,35],"for":[17,155],"market":[18,44,168],"making.":[19],"Latency":[20],"blockchain,":[23],"however,":[24],"has":[25,75],"prevented":[26],"decentralized":[27],"(DEXes)":[29],"from":[30],"utilizing":[31],"instead":[37],"gave":[38],"rise":[39],"development":[42],"of":[43,79,94,119,129,132,141],"designs":[45],"that":[46,105,149],"are":[47,151],"better":[48],"suited":[49],"a":[51,67],"blockchain.":[52],"Although":[53],"first":[55],"widely":[56],"popularized":[57],"DEX,":[58],"Uniswap":[59,73,109],"V2,":[60],"stood":[61],"out":[62],"through":[63],"its":[64],"astonishing":[65],"simplicity,":[66],"recent":[68,115],"design":[69],"overhaul":[70],"introduced":[71,76],"with":[72],"V3":[74,96,110,134],"increasing":[77],"levels":[78],"complexity":[80],"aiming":[81],"increase":[83],"capital":[84],"efficiency.":[85],"In":[86],"this":[87],"work,":[88],"we":[89,147],"empirically":[90],"study":[91],"ability":[93],"Unsiwap":[95,133],"handle":[98],"unexpected":[99],"price":[100,117,144],"shocks.":[101],"Our":[102],"analysis":[103],"finds":[104],"prices":[107],"were":[111],"inaccurate":[112],"during":[113],"abrupt":[116],"drops":[118],"two":[120],"stablecoins:":[121],"UST":[122],"USDT.":[124],"We":[125],"identify":[126],"lack":[128],"agility":[130],"required":[131],"liquidity":[135,156,160],"providers":[136,157],"as":[137],"root":[139],"cause":[140],"these":[142],"worrying":[143],"inaccuracies.":[145],"Additionally,":[146],"outline":[148],"there":[150],"too":[152],"few":[153],"incentives":[154],"enter":[159],"pools,":[161],"given":[162],"elevated":[164],"volatility":[165],"in":[166],"such":[167],"conditions.":[169]},"counts_by_year":[{"year":2025,"cited_by_count":4},{"year":2023,"cited_by_count":3}],"updated_date":"2025-11-06T03:46:38.306776","created_date":"2025-10-10T00:00:00"}
