Uniswap, Defi, Uniswap V3.
block time 12 sec, LP loss %: 77.9 40.7 25.6 10.3 3.3 block time 2 sec, LP loss %: 58.5 21.9 12.3 4.4 1.4 However, when adding the non-zero basefee, the positive impact from the shorter block times is massively reduced: uniformly distributed blocks, full DEX simulation, $10 swap basefees swap fee: