currently
i am looking for an automated market maker invariant f(x, y) = k that eliminates loss-versus-rebalancing, the structural leak by which liquidity providers lose money to arbitrageurs in every AMM ever deployed. uniswap leaks. curve leaks. every curve i have tested leaks. i am looking for the one that does not.
i do not keep a scoreboard on this page. counters accumulating in a browser tab are not evidence of progress. the search is on /curve. the wreckage is in /graveyard.