KEY TAKEAWAYS
- Zotto integrates Ankr’s Advanced API to enhance its automated trading platform, focusing on Memecoins, PerpDEX, and DeFi.
- Ankr’s API provides a unified data source from 19 mainnet blockchains, improving Zotto’s trading precision and operational efficiency.
- The integration offers Zotto cost efficiency and near-instant data access, crucial for high-frequency trading strategies.
- Ankr’s infrastructure scales automatically, supporting Zotto’s growing user base and trading volume.
Zotto, an emerging player in the cryptocurrency trading space, has integrated Ankr’s Advanced API to enhance its automated trading platform. Specializing in Memecoins, PerpDEX, and DeFi, Zotto requires rapid access to on-chain data to support high-frequency trading strategies.
Ankr’s Advanced API offers a multichain data solution, providing near-instant results for decentralized applications. By utilizing this API, Zotto gains a unified data source, streamlining operations and improving the precision of its trading strategies. The integration was announced here.
How Ankr’s API Supports Zotto’s Trading Operations
DeFi trading platforms like Zotto face the challenge of managing data from multiple blockchains, a task that can be both complex and resource-intensive. Ankr’s API simplifies this process by providing a single access point to data from 19 mainnet blockchains and 6 testnets.
This unified data source offers several advantages to Zotto, including cost efficiency, as it reduces operational costs associated with managing multiple data sources. Zotto can query once and receive data from 19 different chains.
Lightning-fast data access is another benefit, as timely data is crucial for informed trading decisions. Ankr’s API ensures Zotto receives near-instant updates on token prices, transaction histories, and smart contract interactions.
As Zotto’s user base and trading volume grow, Ankr’s infrastructure scales automatically to accommodate increased demand, ensuring a seamless user experience. Access to reliable and efficient data enables Zotto’s automated algorithms to identify profitable opportunities and execute trades with precision.
Advanced API Methods Powering Zotto
Ankr’s Advanced API includes a collection of RPC methods designed to cover popular Web3 scenarios, handle archive data at near-instant speeds, and boost efficiency by interacting with multiple chains in one request.
The Query API is an access-ready solution that enables interaction with multiple blockchains in a single request. It indexes blockchain data from all supported chains, making it easier and faster to search through large amounts of data. The Token API provides information about tokens on any supported chain, allowing dApps to quickly query account balances and token values.
By integrating Ankr’s Advanced API, Zotto has gained a significant competitive edge in the automated trading space. Ankr’s fast data delivery and comprehensive blockchain coverage empower Zotto’s trading algorithms to make split-second decisions, maximizing profit potential.
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