Bancor: Arb Fast Lane will be deployed with Velocimeter automated on-chain trading strategy Graphene

Bitget App

Trade smarter

Bitget

News

Cointime2023/11/12 09:00

By:Cointime

DEX Velocimeter announced on X platform that Velocimeter Graphene will enable automatic on-XCNUSDT">chain trading strategies for any token pairs with complex order types. Graphene is built on the Bancor ecosystem Carbon DeFi. Graphene Phase 1 will soon launch Base, and the revenue generated from this phase will flow into the Velocimeter ecosystem. On the new chain, it will be deployed together with Velocimeter V4, which will be deeply integrated with Graphene. In addition, this phase will include a market maker incentive program, involving chains such as Mantle, Gnosis Chain, Scroll, Canto Public, Arbitrum, Fantom, Base, etc. Phase 2 is currently under development. Bancor stated that Arb Fast Lane will be deployed by Bancor and Graphene. Earlier in October, Bancor announced that its arbitrage robot Arb Fast Lane has launched a test version and has been open sourced. Arb Fast Lane allows any user to arbitrage between the Bancor ecosystem protocol and external exchanges and redirect the arbitrage profits back to the Bancor ecosystem.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA•2025/09/12 06:14

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA•2025/09/12 06:14