KyberSwap launches on-chain price service for spotting arbitrage opportunities

Key Takeaways

  • KyberSwap has launched an on-chain price service to help users spot arbitrage opportunities across decentralized exchanges.
  • The new tool enhances KyberSwap’s role as a decentralized liquidity aggregator, optimizing trade routing for better swap rates.

KyberSwap, a multi-chain decentralized liquidity hub, today launched an on-chain price service designed to help users identify arbitrage opportunities and assess buy–sell spreads across decentralized markets.

The new service builds on KyberSwap’s existing aggregation capabilities, which route trades through various liquidity sources to optimize swap rates. KyberSwap has expanded its platform by integrating with protocols like Curve Finance and Uniswap V3, enhancing access to diverse liquidity pools for improved trade execution.

KyberSwap recently integrated with Etherlink to support seamless token swaps by combining liquidity from multiple DeFi protocols.

The platform’s parent organization, KyberNetwork, also partnered with Ionex Trade to incorporate decentralized trading features aimed at delivering better swap rates through multi-chain routing.

Source: https://cryptobriefing.com/kyberswap-on-chain-price-service-arbitrage/