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papers/lux-perpetuals-derivatives/lux-perpetuals-derivatives.tex
zeekay f4ee7a0525 Publish under the org, not a person
Bylines, paper authorship, correspondence addresses and the founder blurb under
each post named an individual. They name the organisation that published the
work instead: the brand on posts and pages, the research byline on papers, and
research@ in place of a personal address. Both are what these repositories
already used elsewhere — nothing new was coined.

Co-authors are untouched. Where a paper named someone else alongside, they stay
named; only the one byline changed. Bibliography entries, running heads,
PDF metadata and affiliations move with it, so a citation still resolves to
whoever the cited paper names.

Sample and fixture data uses the placeholder name these tests already use
elsewhere, so no assertion changed meaning.
2026-09-01 08:58:10 -07:00

69 lines
2.5 KiB
TeX

\documentclass[11pt,a4paper]{article}
\usepackage{../shared/luxcover}
\usepackage[utf8]{inputenc}
\usepackage{amsmath,amsthm,amssymb}
\usepackage{algorithm,algorithmic}
\usepackage{graphicx}
\usepackage{hyperref}
\usepackage{listings}
\input{../shared/lstlang}
\usepackage{color}
\usepackage{tikz}
\usetikzlibrary{shapes,arrows,positioning,calc}
\definecolor{luxblue}{RGB}{0,123,255}
\definecolor{luxpurple}{RGB}{123,31,162}
\definecolor{luxgreen}{RGB}{0,200,83}
\definecolor{codebg}{RGB}{248,248,248}
\lstset{
backgroundcolor=\color{codebg},
basicstyle=\ttfamily\small,
breaklines=true,
frame=single,
language=Solidity,
keywordstyle=\color{luxblue},
commentstyle=\color{gray},
stringstyle=\color{luxgreen}
}
\newtheorem{theorem}{Theorem}[section]
\newtheorem{lemma}[theorem]{Lemma}
\newtheorem{proposition}[theorem]{Proposition}
\newtheorem{corollary}[theorem]{Corollary}
\newtheorem{definition}[theorem]{Definition}
\title{\textbf{Lux Perpetuals: High-Leverage Derivatives with Automated Risk Management}}
\author{
Lux Research\thanks{Corresponding author: [email protected]}\\
\textit{Lux Industries, Inc.}\\
\texttt{[email protected]}
}
\date{2024}
\begin{document}
\luxcoverpage
\begin{abstract}
We present Lux Perpetuals, a derivatives protocol implementing perpetual futures, options, and advanced risk management on the Lux blockchain. Our protocol integrates GMX2's proven liquidity pool model with novel improvements in funding rate calculation, liquidation efficiency, and cross-margin capabilities. Through automated market makers for options pricing based on modified Black-Scholes models and a multi-tier liquidation engine preventing cascade failures, Lux Perpetuals achieves capital efficiency exceeding 95\% while maintaining system solvency under extreme market conditions. We demonstrate 100$\times$ leverage support with sub-200ms liquidation response times, making institutional-grade derivatives trading accessible in a fully decentralized environment.
\end{abstract}
\input{sections/01-introduction}
\input{sections/02-perpetual-futures-protocol}
\input{sections/03-liquidation-engine}
\input{sections/04-risk-management}
\input{sections/05-options-protocol}
\input{sections/06-gmx2-integration}
\input{sections/07-oracle-integration}
\input{sections/08-performance-metrics}
\input{sections/09-economic-model}
\input{sections/10-security-analysis}
\input{sections/11-implementation-details}
\input{sections/12-conclusion}
\input{sections/99-acknowledgments}
\end{document}