# Unique Arbitrageur Addresses

**Overview**

This indicator tracks the number of unique addresses involved in arbitrage activity in a specific pool or the general protocol. Arbitrage, in this context, refers to the simultaneous buying and selling of an asset in different markets in order to take advantage of differing prices for the same asset.

**How can I use it?**

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The number of unique addresses engaging in arbitrage activities is tracked on a daily basis. Each unique address that performs arbitrage is counted once per day, even if multiple transactions are performed. The number of arbitrages can also be seen in the indicator. For the cumulative view, all unique addresses engaging in arbitrage since the beginning of tracking are summed up.

This indicator helps understand the level of arbitrage activity in the pool. Higher numbers suggest more active arbitrage, indicating that there might be significant price disparities that traders are taking advantage of. This could be a sign of market inefficiencies, volatility, or potential risk for the pool's liquidity.


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