The future holds a million stablecoins. Today's infrastructure isn't ready. This paper introduces Orbital, an automated market maker for pools of 2, 3, or 10,000 stablecoins. Orbital unlocks capital efficiency by bringing concentrated liquidity to unlimited dimensions.

Addressing capital efficiency in prediction markets by splitting the financial system into parallel universes

This paper introduces distribution markets, a new kind of prediction market for events whose outcomes aren't just "yes" or "no" but could be any number. Instead of betting on a particular outcome or range, traders can express how likely they think each different possibility is across the whole infinite range of outcomes.

Introducing Symbiotic, a generalized, permissionless protocol providing shared security through restaking.