Before revision:  In this paper, we focus on the analysis of a very large class of automated market makers, called constant function market makers , which includes popular market makers such as Uniswap and Balancer .
After revision:  In this paper, we focus on the analysis of a very large class of automated market makers, called constant function market makers , which includes popular market makers such as Uniswap , Balancer, and Curve, whose yearly transaction volume totals to billions of dollars .