Among our customers are both small companies as well as multi-million funds investing in blockchain solutions. NeonLabs cooperated with us to develop multisig solution
Development of the smart contract that implements arbitrage between DEX on external contract call
Market Data from various DEX could be obtained free of charge but every transaction requires fee payment.
Therefore it is desired to monitor Market Data out of a blockchain via proprietary customer algorithm, but at a certain moment trigger a transaction that incorporates trades on 2 DEX in one transaction. Therefore, if one trade fails, second will not be executed which reduces risk on unbalanced positions.
evaluate several DEX smart contract API;
evaluate PYTH smart contracts API to obtain true asset price;
implemented prototype for 2 exchanges and coordinated with customer.
adjusted requirements based on required arbitrage speed
updated solution based on customer feedback and required trading volume
helped customer to properly call smart contract from their SW