Flasher is an ethereum based application that aids in finding the arbitrage oppurtunites that may be available in the decentralized exchanges.

The problem Flasher solves

Flasher is a web3 application built on top of InstaDaap platform. The app utilizes the inefficiencies between multiple decentralized exchanges to find arbitrage opportunities. This can be executed in the application itself with the help of Flash Loans provided by InstaDaap. It currently supports Kyber DEX and 1inch DEX aggregator to find the arbitrage opportunities. It supports web3 native wallets, Authereum & WalletConnect supported wallets.

Challenges we ran into

The current Ethereum gas prices are very high, thus arbitrage profits predicted by the application becomes invalid after considering the gas fee for the transaction.