I earned $1.4M in arbitrage profits on Solana in a single transaction. Here is how I did it.
A lot of people are messaging me about how to get started so I thought I would make a basic outline.
More detailed article to come so make sure to follow.
A thread ๐งต
A lot of people are messaging me about how to get started so I thought I would make a basic outline.
More detailed article to come so make sure to follow.
A thread ๐งต
1. Programming fundamentals
It goes without saying that you need to have adept programming skills to make money doing MEV. I recommend starting with Scratch because of its extremely powerful visual programming model. Don't bother with outdated languages like Rust and C++ ๐
It goes without saying that you need to have adept programming skills to make money doing MEV. I recommend starting with Scratch because of its extremely powerful visual programming model. Don't bother with outdated languages like Rust and C++ ๐
2. Learn arbitrage basics
Arbitrage is when the price differs between two different exchanges. The hidden secret of MEV is to buy low and sell high ๐คฏ
On fast blockchains like Solana, the block times are faster which means more MEV ๐ฐ๐ฐ๐ฐ
Arbitrage is when the price differs between two different exchanges. The hidden secret of MEV is to buy low and sell high ๐คฏ
On fast blockchains like Solana, the block times are faster which means more MEV ๐ฐ๐ฐ๐ฐ
3. Create a basic bot
The easiest way is to use Jupiter aggregator. Use their API to find swaps that give you more USDC than what you started with.
Hint - solve the travelling salesman problem in polynomial time where exchange pairs are nodes and trades are edges.
The easiest way is to use Jupiter aggregator. Use their API to find swaps that give you more USDC than what you started with.
Hint - solve the travelling salesman problem in polynomial time where exchange pairs are nodes and trades are edges.
4. Optimizations
This is the most complicated step, and the one with the most alpha. Use on-chain deep learning to optimize your contracts and maximise returns.
This will let you squeeze out the last bit of efficiency ahead of your competition.
MEV is the ultimate PVP game.
This is the most complicated step, and the one with the most alpha. Use on-chain deep learning to optimize your contracts and maximise returns.
This will let you squeeze out the last bit of efficiency ahead of your competition.
MEV is the ultimate PVP game.
Finally, I want to say that my DMs are always open to MEV larpers. Good luck anon and make sure to enjoy the journey.
If you want to lose money in MEV, follow these accounts
@Tristan0x - chief mev larper
@buffalu__ - solana giga brain
@wireless_anon - mev alpha chad
@0xcarnation - great content
@0xEdgar - jito labs intern, chad
@0xmisaka - cute mev girl
@Tristan0x - chief mev larper
@buffalu__ - solana giga brain
@wireless_anon - mev alpha chad
@0xcarnation - great content
@0xEdgar - jito labs intern, chad
@0xmisaka - cute mev girl
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