Ruslan Sverchkov
Institution
University of Warwick
PhD Year
2020
ruslan.sverchkov@wbs.ac.uk
FTG Membership
Member
Website
https://sites.google.com/view/ruslansverchkov/
Featured Work
Mar 28, 2026
An Economic Model of the L1-L2 Interaction
An L1-L2 blockchain ecosystem combines high transaction throughput with secure asset settlement, making it likely to play a central role in the migration of financial markets to blockchain-based infrastructure. We provide an economic model of endogenous financial activity within an L1-L2 ecosystem to assess its potential economic value. We demonstrate that liquidity provision and trading volume are likely to migrate from L1 to L2, potentially...
