Making Markets While the Market Sleeps: Automated Market Making for Tokenized Stocks When the Reference Market Is Closed

Replication package for the article "Making Markets While the Market Sleeps: Automated Market Making for Tokenized Stocks When the Reference Market Is Closed" (Zhengdong Zhu; submitted to FinTech, MDPI). Replication package for the paper "Making Markets While the Market Sleeps: Automated Market Making for Tokenized Stocks When the Reference Market Is Closed" by Zhengdong Zhu (School of Business, Macau University of Science and Technology). The archive contains the Python scripts and SQL queries; the data of record (on-chain trades and pool states retrieved with Dune Analytics, centralized-exchange minute bars, Raydium pool accounts, Hyperliquid candles, Nasdaq official prices, and ex-dividend dates); the outputs of every analysis step; and the LaTeX sources and compiled version of the paper. REPLICATION.md describes the data sources, the order in which to run the scripts, and which script produces each table and figure; a rerun reproduces every table and figure of the paper. The manifest lists the MD5 checksum of every file in the archive.