Arbit

Markets are, in essence, inefficient. The price of one asset differs by a small amount among different markets. What makes the price get closer to its real value is arbitrage. In other word, arbitrageurs make the market more efficient. The problem is that, many people know about it. Take a look at arb on Ethereum, for example. If you enter the market, there are lots of competitors that you won't conquer, because they are highly skilled in what they do. Other than that, you will encounter a lot of MEV bots, negating any possible arb opportunity that you could take. Niche blockchains, however, are far less competitive. Arbit started its journey on Cardano and Ergo, and through around 6 months of self-usage, I'm pretty sure these blockchains are not that competitive. But what makes Arbit unique is not targeting niche markets (and it's not, as it's just a platform; more on it later), but it's cross chain capabilities. Most arbs are taken on the same chain, because of the competition and other stuff. You should probably take the arb on the same tx, through flash loans or so. On less competitive markets, you have a lot more time to take an arb. This enables you to say, sell x for y on chainA, and buy x for y on chainB. Arbit itself is nothing more than a platform you can add your own assets and markets on top of. For now, it supports a bunch of tokens on Ergo and Cardano via a bridge, but in theory, you may add, for example, oil assets on two exchanges, and identify arb opportunities between those exchanges. It's not the bottom line, though. Arbit is going to be part of Orphos protocol, which focuses on different ways to bring market efficiency to users. In the future, there may be other solutions such as cross-chain swap optimizations and so; Or, it may become a cross-chain aggregator for all of the other aggregators. Who knows?