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arXiv · 2106.16158

Jack The Rippler: Arbitrage on the Decentralized Exchange of the XRP Ledger

Gaspard Peduzzi·Jason James·Jiahua Xu
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Abstract

The XRP Ledger (XRPL) is a peer-to-peer cryptographic ledger. It features a decentralized exchange (DEX) where network participants can issue and trade user-defined digital assets and currencies. We present Jack the Rippler, a bot that identifies and exploits arbitrage opportunities on the XRPL DEX. We describe Jack's arbitrage process and discuss risks associated with using arbitrage bots.

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Gaspard Peduzzi, Jason James, Jiahua Xu. 2021-06-29. Jack The Rippler: Arbitrage on the Decentralized Exchange of the XRP Ledger. https://doi.org/10.1109/brains52497.2021.9569833

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