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dydxbot's Introduction

dydxbot

This is an application for placing trades on the dYdX decentralised exchange automatically. A market making strategy has been implemented whereby a buy order is placed slightly below the current mid-market price and if this order is executed, then a sell order is placed slightly above. The spread between them is enough to cover fees and make a small profit.

Warning

This project is still under development. There is a substantial risk of loss if it is used with real money. By forking or using this application, you accept full responsibility for any losses that might occur.

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