In the fast-paced world of crypto trading, stories of huge wins grab attention. Imagine starting with just 20 cents and ending with over a million dollars. This is what happened with a
Ant Blockchain (ANB) saw a big price difference between two liquidity pools on Meteora, a popular platform on Solana. One pool used Dynamic Automated Market Maker (DAMM v2), and the other used Dynamic Liquidity Market Maker (DLMM). A huge sell order of about 8 billion ANB tokens hit the DAMM v2 pool. This caused a shocking 99% price drop in that pool due to low liquidity.
But the DLMM pool kept the old, higher price. This created a perfect setup for arbitrage bots. They bought ANB cheap in one pool and sold it high in the other—all in one quick transaction. No risk of price changes in between.
Solana’s super-fast block times and tools like Jito bundles made this possible. These bundles let bots bundle transactions together, beating out competition and grabbing the value first.
Arbitrage is buying low and selling high at the same time. In DeFi, it happens when prices differ across pools or chains. Automated Market Makers (AMMs) like Meteora use math formulas to set prices based on liquidity. A big trade can shift prices a lot if liquidity is thin.
Here, the mismatch was extreme. Bots used two routes:
Maximum Extractable Value (MEV) bots thrive on Solana. MEV is profit from ordering transactions smartly. Solana’s speed (under 1 second blocks) gives them an edge over slower chains like Ethereum.
Solana handles thousands of transactions per second at low cost. Priority fees are tiny—2.32 SOL is about $400 today. Jito bundles protect against “sandwich attacks” where others front-run your trade.
This event shows Solana’s power for high-frequency trading. But it also highlights risks for small projects. Thin liquidity means big swings and bot feasts.
A single bad trade opened a goldmine for bots, proving how DeFi’s efficiency can punish weak spots fast.
ANB’s market cap crashed 99% during the frenzy. It has kept falling since. Ant.FUN, the team behind it, stayed quiet. No tweets, no updates.
For token projects, this is a warning. Launching on Solana means facing pro bots 24/7. Need deep liquidity from day one to avoid such dumps.
| Wallet Start | Profit | Fees Paid |
|---|---|---|
| $0.227 USDC | $696,000 | 2.32 SOL |
| $0.1 | $196,000 | Low |
| $0.036 | $86,714 | Low |
For traders:
For projects:
This
Expect more. Solana’s ecosystem grows with memecoins, DeFi, and NFTs. Meteora’s DAMM and DLMM are popular, but mismatches will happen.
Upgrades like Firedancer could make Solana even faster. Jito’s dominance in bundles might face rivals. Bots will evolve with AI for better spotting.
Investors: High rewards come with high risks. DYOR on liquidity before trading new tokens.
The tale of a
What do you think? Will projects learn from this? Share in comments.
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