@monteluna
Sharing my thoughts so far here as I'm currently going through the Orbital paper:
- Would it be reasonable to assume we just have a single large orbital pool for all USD stable pairs?
- Still somewhat confused with this measure of efficiency. Maybe I missed this particular equation. In practice efficiency is usually a measure of liquidity vs. volume, and volume is highly determined by fees.
- I want to do a quick comparison analysis of Orbitals and concentrated liquidity. One thing that seems mathematically clear is the efficiency might not be perfectly better compared to all CL positions. I want to figure out a way to convert an Orbital position to an equivalent CL position. I believe the paper but I want to verify this myself.
https://www.paradigm.xyz/2025/06/orbital