

Whitepaper Reading - SF Bay Area - DeFi Trading Agents, Why Shared Alpha in CoinAlgs Can’t Be Both Fair and Profitable
Whitepaper Reading Session SF [03]
Topic:
On DeFi Trading Agents, Why Shared Alpha in CoinAlgs Can’t Be Both Fair and Profitable
Readings: Discussion Doc | Arixv Link | Announcement Link
A discussion of The CoinAlg Bind, which shows a fundamental tradeoff in collective investment algorithms powering modern DeFi Trading Agents such as ElizaOS: privacy enables insider value extraction, while transparency enables arbitrage that erodes profits.
Address: 473 Via Ortega, Stanford, CA 94305
Room: Y2E2 Building, Room 105
Topic Lead: Jay Yu of Pantera Capital
Many thanks to Prof. Ruizhe Jia from Stanford for helping with the venue!
Format
Round table discussions (No panels)
This session starts with 5–10 minutes of silent reading, followed by a roundtable discussion of The CoinAlg Bind and its implications for collective investing, AI trading agents, and DeFi.
Summaries: We create summaries to help everyone understand.
About Whitepaper Reading Club
The Whitepaper Reading Club is a community of 650 passionate engineers, founders, core-devs, students, researchers, across Singapore, Malaysia and Bangkok and New York who come together every month to read and discuss blockchain papers (website).
We create detailed and easy to understand summaries for each paper (summaries) and have held 50+ sessions since June 2023, covering topics from Account Abstraction, Parallel Chains, EIPs, Bitcoin Ecosystem to AI x Crypto. We are ecosystem-agnostic, not for profit and with a strong focus on projects with technical, product or social innovations.
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