Automated Liquidity Rebalancing on Cetus DEX -- 3
Budget: $30 – $250 USD
I'm looking for a freelancer with profound experience in algorithmic trading, particularly within decentralized exchanges. The core objective of this project is to develop an automated liquidity balancing tool on Cetus DEX with Sui blockchain. This tool must be designed to primarily maximize profits and decrease impermenant loss through auto rebalancing allocation.
Key Features:
- You'll help set up automated liquidity management.
- Experience with DEX and understanding of liquidity pools is crucial.
- Prior work with DEX like Cetus will be highly regarded.
Requirement:- Cetus dex on SUI
1. Connect sui wallet to the bot
2. Check the open position of that sui wallet on cetus dex
2. Monitor those positions every 5 minutes, make sure they are active.
3. if the open position become inactive
a) remove liquidity and close position
b) swap the token pairs first to generate max position size (50% 50% distribution)
c) open a new position instead of the closed one with 5% higher or lower than current pair price (adjustable)
5. Output should be an original script with python or nodejs including a telegram bot:
a) activate/disable the bot on each open position
b) close positions
Example:
-Run the bot
-Bot checks active positions on the connected sui wallet and write on telegram
CETUS/SUI
SUI/USDC
We select CETUS/SUI
The bot is activated now for this position CETUS/SUI
Bot checks this open positon every 5 mins to make sure it is active
if the position is active (do nothing)
if the position is not active
- Close the CETUS/SUI position
- Check how much Cetus and Sui is needed to have 50% 50% distribution and do swap SUI to CETUS or CETUS to SUI to make both equal value
- Open a new position with CETUS/SUI with concenterated liquidity 5+ higher/lower than current price
Prior Experience:
- Proven history of working on similar projects.
- Deep understanding of DEX and liquidity management.
- Excellent programming skills, preferably in Python or nodejs, and move langauge.
Please provide previous examples of similar work in your bid.
Key Features:
- You'll help set up automated liquidity management.
- Experience with DEX and understanding of liquidity pools is crucial.
- Prior work with DEX like Cetus will be highly regarded.
Requirement:- Cetus dex on SUI
1. Connect sui wallet to the bot
2. Check the open position of that sui wallet on cetus dex
2. Monitor those positions every 5 minutes, make sure they are active.
3. if the open position become inactive
a) remove liquidity and close position
b) swap the token pairs first to generate max position size (50% 50% distribution)
c) open a new position instead of the closed one with 5% higher or lower than current pair price (adjustable)
5. Output should be an original script with python or nodejs including a telegram bot:
a) activate/disable the bot on each open position
b) close positions
Example:
-Run the bot
-Bot checks active positions on the connected sui wallet and write on telegram
CETUS/SUI
SUI/USDC
We select CETUS/SUI
The bot is activated now for this position CETUS/SUI
Bot checks this open positon every 5 mins to make sure it is active
if the position is active (do nothing)
if the position is not active
- Close the CETUS/SUI position
- Check how much Cetus and Sui is needed to have 50% 50% distribution and do swap SUI to CETUS or CETUS to SUI to make both equal value
- Open a new position with CETUS/SUI with concenterated liquidity 5+ higher/lower than current price
Prior Experience:
- Proven history of working on similar projects.
- Deep understanding of DEX and liquidity management.
- Excellent programming skills, preferably in Python or nodejs, and move langauge.
Please provide previous examples of similar work in your bid.