DEX Protocols

Direct Protocol Integration

Understanding DEX protocols is crucial for successful arbitrage. Each protocol type has unique characteristics affecting price discovery and execution.

Constant product AMMs (x*y=k) like Raydium's standard pools are simplest to arbitrage. Price impact is predictable, and calculations are straightforward. However, simplicity means more competition for opportunities.

Concentrated liquidity protocols like Orca Whirlpools require sophisticated calculations. Liquidity isn't uniform across the price range. Our integration handles this complexity, accurately computing prices and slippage.

Orderbook DEXs like Phoenix offer different opportunities. Limit orders create discrete price levels similar to CEXs. This enables maker-taker arbitrage strategies impossible on AMMs.

Hybrid protocols combining multiple mechanisms are emerging. These create complex but profitable arbitrage opportunities for those who understand the mechanics. We continuously research new protocols for integration potential.