Introducing pm-AMM: an automated market maker designed for prediction markets. We introduce a new methodology for deriving AMMs for particular assets, and apply it to prediction market tokens, creating an AMM that may provide more consistent liquidity and reduce the risk of losing everything.

Unichain is an optimistic rollup optimized for efficient markets by delivering fast state updates, offering a framework for applications to internalize MEV, and providing an economic finality system for quick settlement across blockchains.

In this post, we introduce MEV taxes, a mechanism that arbitrary applications can use to capture their own MEV. This mechanism could be used today on OP Stack L2s like OP Mainnet, Base, and Blast, because the block proposers on those chains follow a set of rules we call competitive priority ordering.

Power perps are assets that target the power of an index price. It’s a fun rabbit hole to go down. The longer you think about power perps, the more you see how everything resembles a power perp.