GEE-yohm LAMB-bear (@guil_lambert) 's Twitter Profile
GEE-yohm LAMB-bear

@guil_lambert

Founder and CEO at @Panoptic_xyz. Left-handed shortstop.

ID: 137548513

linkhttp://lambert-guillaume.medium.com calendar_today27-04-2010 02:14:22

2,2K Tweet

11,11K Followers

1,1K Following

GEE-yohm LAMB-bear (@guil_lambert) 's Twitter Profile Photo

Providing liquidity on AMMs: earn fees, hope fees > ILVR when you close your position Provide liquidity on Panoptic: get exact same fees and ILVR, BUT also earn 5-7% on deposits Panoptic operates like a prime brokerage: borrow funds to LP while earning yield from lending.

Panoptic (@panoptic_xyz) 's Twitter Profile Photo

The top $ETH trade on Base this week? A strangle—the first time we’ve seen this strategy hit the leaderboard! 🥇 Big congrats to the trader who pulled it off. 👏

GEE-yohm LAMB-bear (@guil_lambert) 's Twitter Profile Photo

I've always been puzzled by loss-vs-rebalancing (LVR), markouts, market microstructure, toxic flow, and other market making concepts applied to AMM LPs. It's not that I don't understand these ideas, it's just that something always seemed off with the framing. I've been LPing

I've always been puzzled by loss-vs-rebalancing (LVR), markouts, market microstructure, toxic flow, and other market making concepts applied to AMM LPs.

It's not that I don't understand these ideas, it's just that something always seemed off with the framing.

I've been LPing
GEE-yohm LAMB-bear (@guil_lambert) 's Twitter Profile Photo

EthCC was awesome! Being in France as a french-speaker was a huge unlock for connections, with more than 50% of my convos, and dare I say 80% of the alpha, happening en français. See you next year, Cannes 🏖️🥖🇫🇷

EthCC was awesome!

Being in France as a french-speaker was a huge unlock for connections, with more than 50% of my convos, and dare I say 80% of the alpha, happening en français.

See you next year, Cannes 🏖️🥖🇫🇷
GEE-yohm LAMB-bear (@guil_lambert) 's Twitter Profile Photo

I quite enjoyed speaking with people outside of my usual bubble at EthCC this week. Turns out many of my takes are considered contrarian in some circles. Will post the spiciest ones here 🌶️

GEE-yohm LAMB-bear (@guil_lambert) 's Twitter Profile Photo

Bullshit Analysis In Transit (BAIT) #1 Sandwich attacks in AMMs are extremely beneficial for LPs. - 3x the fees (3 swaps instead of 1) - same net price move, so no extra risk. - effectively a 73% increase in IV with 0 change in RV As an LP, I want *more* sandwich attacks.

GEE-yohm LAMB-bear (@guil_lambert) 's Twitter Profile Photo

BAIT #2 Central Limit Order Books (CLOBs) don’t belong on general-purpose L1/L2s. - intermediaries are required for any trade (ie. market makers), which leads to centralized choke-points - a non-zero transaction cost means orders can’t easily get cancelled to avoid toxic flow -

GEE-yohm LAMB-bear (@guil_lambert) 's Twitter Profile Photo

BAIT #3: cross-chain interop will never make DeFi move away from the L1. - Issuers of RWAs, LST/LRT, tokenized assets will choose a home base - Lending, swapping, leveraging against those tokens will happen on that chain - Liquidation, risk management, hedging will also stay

Panoptic (@panoptic_xyz) 's Twitter Profile Photo

This is why we're building decentralized options on Uniswap Labs 🦄. No KYC. No custody risk. No gatekeepers. Just you, your strategy, and unstoppable DeFi infrastructure! START 👏 TRADING 👏 OPTIONS