Inspiration
Right now NFT is a big Part in the Crypto space but most of them have no usecase. With ArbiDex we want to make the next step and compinate NFTart with a functionality.
What it does
The most common type of arbitrage trading is exchange arbitrage, which is when a trader buys the same cryptoasset in one exchange and sells it in another. The price of cryptocurrencies can change quickly. If you take a look at the price in for thee same asset on different Swaps, you’ll find that the prices are almost never exactly the same at exactly the same time. This is where ArbiDex come in. They try to exploit these small differences for profit. This, in turn, makes the underlying market more efficient since price stays in a relatively contained range on different trading venues. In this sense, market inefficiencies can mean opportunity.
Challenges we ran into
We run this now first on Tron but we have also tested on BTT.
In the first step we trade only in the same markets and we do every trade. Means: we need to check the energy in relation to the trade now. if we have much energy than we make also small trades. as less energy we have as bigger the trade should be.
The biggest challenge is the liquidity. more liquidity means more trades and also higher profits.
Accomplishments that we're proud of
Since we start with InterCrone world we are constant growing and having only on Tron 98 different markets.
What we learned
As more liquidity we have as bigger are the profits.
What's next for ArbiDex
We are working now on the Dashboard and the energy monitoring.
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