Automated Market Maker. A rule which defines the inputs and outputs of exchanging two or more assets.
Two or more assets combined into a single instrument.
Mimicking the value of another singular instrument at infinitesimal points in time by using a portfolio of different instruments. For example, holding four quarters instead of a dollar bill is a replicating portfolio for $1.
Mathematical rule that governs the price of swapping tokens in the pools.
In RMM Protocol, a pool is a two token pair with a rule that defines how much each of the tokens can be swapped for one another.
Loaded term, can mean the actor
Liquidity Provider, or the financial asset
The financial term for an option's change in value with respect to a 1% change in the underlying asset's value.
Financial term for an option's change in
delta with respect to a 1% change in the underlying asset's value.
A position in the underlying asset and a short call option on the underlying asset.