The exceptional zero phenomenon for elliptic units.

The exceptional zero phenomenon has been widely studied in the realm of p-adic L-functions, where the starting point lies in the foundational works of Ferrero-Greenberg, Katz, Gross, or Mazur-Tate-Teitelbaum, among others. This phenomenon also appears in the study of Euler systems, and in this case one is led to study higher order derivatives of cohomology classes in order to extract the arithmetic information which is usually encoded in the explicit reciprocity laws which make the connection with p-adic L-funtions. In this work, we focus on the elliptic units of an imaginary quadratic field and study this exceptional zero phenomenon, proving an explicit formula relating the logarithm of a derived elliptic unit either to special values of Katz's two variable p-adic L-function or to its derivatives. Further, we interpret this fact in terms of an L-invariant and relate this result to other approaches to the exceptional zero phenomenon, most notably to the work of Bley, and we also compare this setting with other scenarios concerning Heegner points and Beilinson-Flach elements. [ABSTRACT FROM AUTHOR]