Cryptoknowmics
2022-10-20 13:30:26

Sudoswap’s Instant Liquidity Eases Arbitrage Between NFT Marketplaces

Sudoswap facilitates NFT arbitrage between markets by providing instant liquidity for NFT sales. An NFT trader using the pseudonymous name Lorem has described their approach to arbitraging NFTs and how it grew into a crowded market on October 20. Additionally, they highlighted the difficulties in defending against sandwich attacks when engaging in these transactions. This trader made 7 ETH ($9,000) in total in a little over a month, demonstrating the potential of this novel kind of arbitrage, which may develop further when additional financial instruments emerge for NFTs. Instant Liquidity for NFT Arbitrage b/w Marketplaces By taking advantage of a The post Sudoswap’s Instant Liquidity Eases Arbitrage Between NFT Marketplaces appeared first on Cryptoknowmics-Crypto News and Media Platform.

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