Nikhil Saraf from the Stellar Development Foundation presents Kelp, an automated trading bot that solves liquidity problems on Stellar's decentralized exchange by enabling market makers, traders, and anchors to create instant liquidity across asset pairs.
Nikhil Saraf, staff engineer at the Stellar Development Foundation, demonstrates Kelp, an open-source automated trading and liquidity bot designed to address DEX liquidity challenges. Kelp allows users to create instant liquidity on supported trading platforms through multiple trading templates including balanced strategy, pendulum strategy, mirror strategy, buy-sell strategy, and TWAP execution. The bot integrates with over 100 centralized exchanges via CCXT, features a React-based GUI (experimental on testnet), and is written in Golang for fast performance with sub-one-second update loops. Key use cases include professional market makers capturing spreads, casual traders automating strategies, and anchors providing free liquidity for their tokens. The roadmap includes GUI mainnet support by February 2021, Python and Node.js language support by April 2021, and a strategy marketplace by Q3 2021.