Sudoswap’s immediate liquidity is enabling NFT arbitrage

Quick Take

  • Sudoswap providing liquidity for nonfungible tokens is enabling arbitrage between NFT marketplaces.
  • One NFT trader details how they made $9,000 through NFT arbitrages.
 
 

Sudoswap is enabling NFT arbitrage between marketplaces since it provides immediate liquidity for NFT sales. 

While this isn’t strictly new, an NFT trader known by the pseudonym Lorem documented, on Oct. 20, their path to arbitraging NFTs, and how it has become a crowded trade. They also provided details of the challenges of fighting against sandwich attacks to carry out these types of trades. In total, this trader made 7 ETH ($9,000) in just over a month, showing the value in this new type of arbitrage — one that may grow over time as more financial tools crop up for NFTs.

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