Something cool is happening in the underbelly of #Tezos defi and I want to tell y’all about it.
So I look at probably too much on-chain trade data.
Since SpicySwap’s release there’s been one king of contract-level arbitrage…
🧵👇
So I look at probably too much on-chain trade data.
Since SpicySwap’s release there’s been one king of contract-level arbitrage…
🧵👇
Their arb contract is heavily obfuscated and I call them “test11 guy”. If you have a DEX, test11 guy is arbitraging it lol
But recently there’s been a new kid on the block underneath Tezos DeFi with a VERY sophisticated bot & contract setup.
But recently there’s been a new kid on the block underneath Tezos DeFi with a VERY sophisticated bot & contract setup.
What I’m noticing is that these guys are doing straight 1v1s in arbitrage battles all day trying to grab profits from eachother
Sometimes test11 guy wins but the new arber is bringing some serious heat with their contract.
Sometimes they share the arb which is cute too lmao
Sometimes test11 guy wins but the new arber is bringing some serious heat with their contract.
Sometimes they share the arb which is cute too lmao
Just thought this was interesting and I spent 2 hours digging into it so I wanted to share 😅
There are true on-chain battles happening as we speak ⚔️
Hopefully I get to meet these madmen at some point 😎
There are true on-chain battles happening as we speak ⚔️
Hopefully I get to meet these madmen at some point 😎
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