3Commas is one of the largest bot development software providers, boasting self reported numbers of $23b volume / month and 220k total users. They offer generic bots for multiple exchanges, but also have a bot marketplace offering. The bot marketplace unfortunately is really just a collection of the default bots but with custom parameters chosen - for example a grid bot with a certain grid frequency etc.
3commas is careful to stay as an agnostic pure technology provider. They stress that they never hold any of your assets, and only route orders based on logic you choose. This is also reflected on their payment model, which is a monthly fee. They offer a freemium tier, and more advanced tiers range from 14.50, 24.50 to 49.5$ /month.
One thing that has recently been in the news recently regarding cloud-based bot frameworks like 3commas, is that you are in the danger of possibly exposing your trading API keys to others, and a hack could lead to unauthorized trades to happen.
CZ always happy to tell everyone about the dangers of other platforms 😉
CZ always happy to tell everyone about the dangers of other platforms 😉
DeCommas itself is still a small team (±20 people at the moment) with a product in the very early stages of development - but with the resources and support of 3Commas, it is fully equipped to do some truly incredible things.
3commas has been exploring a defi-oriented version of their products since Feb 2021. Seems like not much progress has happened. Currently only 1 vault is live, a basis trade strategy on Optimism with a capped TVL of 100k.
3Commas’ recent marketing push - hiring the actor from “Silicon Valley” to do an ad spot
3Commas’ recent marketing push - hiring the actor from “Silicon Valley” to do an ad spot
DeCommas itself is still a small team (±20 people at the moment) with a product in the very early stages of development - but with the resources and support of 3Commas, it is fully equipped to do some truly incredible things.
3commas has been exploring a defi-oriented version of their products since Feb 2021. Seems like not much progress has happened. Currently only 1 vault is live, a basis trade strategy on Optimism with a capped TVL of 100k.
https://twitter.com/decommas/status/1588556215193202688
Their next product seems to possibly be a hedged delta neutral strategy on top of GMX. This is a common strategy idea that has not yet seen any kind of actually long term sustainable success.