Not logged in.
Quick Search - Contribution
Contribution Details
| Type | Bachelor's Thesis |
| Scope | Discipline-based scholarship |
| Title | Analysis and Implementation of Arbitrage Bots in Centralized and Decentralized Finance |
| Organization Unit | |
| Authors |
|
| Supervisors |
|
| Language |
|
| Institution | University of Zurich |
| Faculty | Faculty of Business, Economics and Informatics |
| Date | 2022 |
| Abstract Text | Decentralized Finance (DeFi) has gained a lot of interest in the past few years, shown by an estimated increase in deposited assets from $700 million in December 2019 to over $200 billion in 2022. It brings use cases from traditional finance to blockchain, where the need for financial intermediaries normally required in Centralized Finance (CeFi), such as brokers or banks, can be eliminated. However, due to the novelty and lack of regulations in this financial space, prices are very volatile, which can lead to deviation across exchanges. This opens up potential possibilities for arbitrage, the concept of taking advantage of price differences of the same asset across exchanges. In this thesis, arbitrage opportunities across centralized and decentralized exchanges for cryptocurrencies are analyzed by developing and evaluating arbitrage bot prototypes that perform arbitrage fully automatically. Different strategies to perform arbitrage, like cyclic or spatial arbitrage, are explored and compared. The state of arbitrage availability is evaluated, based on the data collected by the arbitrage bots. |
| PDF File |
Download
|
| Export |
BibTeX
|