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How does Neosify provide liquidity?
How does Neosify provide liquidity?
Seon Yong avatar
Written by Seon Yong
Updated over a week ago

We provide liquidity via algorithmic crypto arbitrage. The arbitral strategy allows traders to take advantage of crypto pair price differences between different exchanges and generate profit.

Neosify trades wrapped Bitcoin and wrapped Ethereum โ€“ the tokenized versions of the original currencies used to make it easier to handle transactions occurring on the decentralized finance ecosystem.

Another mechanism Matrix technology is responsible for is the stablecoin arbitrage. Even though the price inefficiencies are small as stablecoins are traded very close to their pegs (1:1 to the US dollar), there still can be huge deviations Neosify keeps track of.

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