A while ago I had 10
$USDC just sitting in my wallet and I was thinking how nice it would be if I could programmatically trade 10
$USDC back-and-forth on market swings to try and earn 1-2% each trade. After all, if I trade 10
$USDC back-and-forth 10 times, earning 2% each trade, that's the same thing as trading 100
$USDC, one time, for a 2% return. See the idea?
To add even more incentives, there is no crypto-equivalent of the Pattern Day Trader rule! This means I can trade with impunity on the blockchain without needing to have $25,000 sitting in my account and as long as its profitable after DEX and gas fees, we're all good.
So I needed a blockchain with minimal fees, short confirmation times, instant finality, zero downtime, and a solid DEX with an SDK. Naturally, I went with the Algorand blockhain (
@AlgoFoundation and
@Algorand). I used the
@tinymanorg python-SDK, made some modifications so I could add transaction notes to the swap groups, and coded up the logic for executing trades via the
@tinymanorg smart contracts using their SDK.
I started with 1
$USDC swaps and once I got comfortable started doing 10, 20, 30, and most recently 40
$USDC swaps.
Results thus far:
First trade: 2025-01-12 22:34:41
Last trade: 2025-07-15 20:54:10
Trading period: 183 days, 22:19:29.348000
Total profit: 103.99918
$USDC
Trades closed: 256
Average trade size: 19.72422
$USDC
Profit per trade: 0.40625
$USDC
Average ROI: 2.1%
$USDC
Trade Volume: 10,202.8875
$USDC