Curve

The curve is a mathematical function that calculates the swap amount. In Uniswap, the curve is a constant product formula x×y=kx \times y = kx×y=k
, which implies (x+Δx)(y+Δy)=k(x + \Delta x) (y + \Delta y) = k(x+Δx)(y+Δy)=k
, thus given Δx\Delta xΔx
 one can calculate Δy\Delta yΔy
 and vice versa. 
In Integral SIZE, the curve is a constant swap function, meaning that it always fills the order at the oracle TWAP price, regardless of order size. Therefore, there is no price impact.
Last modified 11mo ago