Hello!
I have a question regarding Uniswap V3 on the Binance Smart Chain (BSC). I wanted to know how frequently Uniswap V3 is used on the BSC, whether there is significant liquidity there, and if there are many arbitrage bots active on the network?
Also, I have another question: Is it profitable to develop an arbitrage bot on the Ethereum Mainnet?
Oct 9, 2023, 11:58 AM
you can check their volume on https://defillama.com/protocol/uniswap-v3 or on a custom dune analytics query or by using graphQL.
Arbitrage bots profitability depends on the algo/strategy you make.
It's not easy, you will need to change and improve it over time.
If you're new in the field, simply forgot about arbitrage for now OR, reserve ~3months to study
Arbitrage bots profitability depends on the algo/strategy you make.
It's not easy, you will need to change and improve it over time.
If you're new in the field, simply forgot about arbitrage for now OR, reserve ~3months to study
be careful on the internet as lot of scams are done by ""selling"" arbitrage bots
Oct 9, 2023, 12:32 PM
You're welcome for the advice!
Oct 9, 2023, 1:30 PM
haha big ones 😂, I've met guys who paid thousands to get unprofitable "arbitrage bots", and who can forget the one pager "Arbitrage Scripts" 🤡
Oct 9, 2023, 9:35 PM