According to BlockBeats, Bancor, an open-source DeFi protocol ecosystem, announced on June 27 that it has expanded its permissionless arbitrage trading bot, Arb Fast Lane, to the Linea network. The bot is now officially live, marking the first of its kind on the Linea network.
Arb Fast Lane identifies and executes complex arbitrage trades using markets created by the licensed Carbon DeFi deployment and its surrounding infrastructure. This expansion is a significant step for Bancor as it continues to broaden its reach and influence in the DeFi sector.
The integration of the Arb Fast Lane bot into the Linea network is expected to enhance the trading experience for users by providing them with more opportunities for arbitrage trading. This move also signifies Bancor's commitment to improving its services and expanding its user base.
The permissionless nature of the Arb Fast Lane bot allows it to operate without the need for explicit approval, making it a valuable tool for traders looking to take advantage of arbitrage opportunities in the DeFi market. The bot's expansion to the Linea network is a testament to Bancor's innovative approach to DeFi trading and its dedication to providing its users with the best possible trading tools and services.