Organized by CBER Forum and Uniswap Labs
Hosted by Columbia University’s Center for Digital Finance and Technologies (CDFT)
In collaboration with Columbia University’s Center for Digital Finance and Technologies, Boston
University’s Digital Business Institute at the Questrom School of Business, Ecole Polytechnique,
FinTech at Cornell - an Initiative of the SC Johnson College of Business, the FinTech Research
Center at the University of Florida, the NYU Stern School of Business, and the University of Toronto Rotman School of Management’s FinHub.
The event gathered leading academics, researchers, and industry practitioners to explore the evolving landscape of decentralized exchanges, automated market makers, payment for order flow, and the welfare implications of these innovations. Participants took part on expert presentations and discussed the regulatory, economic, and technological aspects shaping the future of liquidity provision in financial markets.
Lawrence Glosten from Columbia University presented an Overview of Limit Order Books, followed by Joel Hasbrouck of NYU Stern discussing the Overview of Automated Market Makers. Katya Malinova of McMaster University explored Would AMMs Improve Equity Trading? In the next session, Thomas Ernst from the University of Maryland gave an Overview of Payment For Order Flow (PFOF), while Brad Bachu of Uniswap Labs described the Overview of Uniswap X. A fireside chat on the Economics of Regulation featured Campbell Harvey from Duke University and Jon Isaksen, Uniswap Labs’ Head of Policy, moderated by Katherine Minarik, Chief Legal Officer at Uniswap Labs. The afternoon continued with Fahad Saleh of the University of Florida presenting an Overview of Uniswap v4, and Kite Liu of Uniswap Labs discussing Rethinking DEX Liquidity. In the Unichain session, Mark Toda from Uniswap Labs spoke on Trusted Execution Environments, and Xin Wan provided an Overview of Unichain. The day concluded with a keynote panel on the Welfare Implications of Decentralized Exchanges, moderated by Andreas Park from the University of Toronto, featuring Leonid Kogan from MIT and Ciamac Moallemi of Columbia University.