Uniswap, Defi, Uniswap V3.
sqrt model shows a good-but-not-perfect fit if the basefee is zero, but much worse otherwise. ² — Due to the settings selected for the simulation, the results can be used as a rough and likely very inaccurate approximation of the Uniswap v3 USDC/WETH 0.05% pool on the mainnet. Analyzing the match