What blockchain is best for developing flash loan bots?

The best blockchain for developing flash loan arbitrage bots largely depends on your goals, but Ethereum is the most commonly used due to its robust DeFi ecosystem and large number of decentralized exchanges (DEXs). Ethereum offers various DeFi platforms such as Aave and dYdX, which allow for the use of flash loans. However, Ethereum’s high gas fees can be a limiting factor. Other blockchains like Binance Smart Chain (BSC) and Polygon have gained popularity for DeFi applications due to their lower transaction fees and faster block times. Both chains support decentralized exchanges (e.g., PancakeSwap on BSC and Quickswap on Polygon) that facilitate arbitrage opportunities. Depending on your strategy, you may want to choose a blockchain that balances transaction costs, speed, and DeFi integration. For lower fees, BSC or Polygon might be preferable, while Ethereum remains the leader in terms of liquidity and opportunity.



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