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5.4 Arbitrage and Price Discovery in AMMs

Learn how arbitrageurs keep AMM prices aligned with markets. Understand arbitrage mechanics, flash loans, multi-hop strategies, and why arbitrage is essential for AMM functionality.

5.5 Beyond Constant Product: Generalizing AMMs

Explore advanced AMM designs beyond the constant product formula. Learn about Curve's StableSwap, Balancer's weighted pools, Uniswap v3's concentrated liquidity, and how different invariant curves optimize for specific use cases.