Kelp Alternatives

Similar projects and alternatives to Kelp

NOTE: The number of mentions on this list indicates mentions on common posts plus user suggested alternatives. Hence, a higher number means a better Kelp alternative or higher similarity.

Suggest an alternative to Kelp

Reviews and mentions

Posts with mentions or reviews of Kelp. We have used some of these posts to build our list of alternatives and similar projects. The last one was on 2021-11-18.
  • Aquarius Project Updates - SDEX & AMM Incentives
    2 projects | reddit.com/r/AquariusAqua | 18 Nov 2021
    To take part in SDEX Rewards, users need to create an AQUA trustline to signal they would like to take part and receive rewards. Users then have a few choices on how to create buy & sell offers on the eligible markets. They can use platforms like LOBSTR, StellarX, or StellarTerm to create offers manually or use market-making bots like kelpbot.io to create offers for them automatically.
  • Kelp CLI v1.12.0 released (Stellar DEX trading bot)
    1 project | reddit.com/r/Stellar | 7 Nov 2021
    I’m happy to announce the latest release of Kelp v1.12.0 that was published on Friday Nov 5th 2021.
  • Updates Regarding Kelp & Protocol 18
    1 project | reddit.com/r/AquariusAqua | 5 Nov 2021
    Over the last few days, we have seen a huge increase in conversations across Stellar channels in relation to Kelp. Kelp is a market making tool for Stellar DEX. Many people in the Aquarius community use Kelp to help create liquid markets. It would appear Kelp wasn't updated in time to be compatible with Protocol 18. A part of Kelp bot stopped working and as a result, a significant number of market makers had to stop trading and could not receive AQUA rewards. The good news, developers are already working to get Kelp back up and running again. You can follow the progress here: GitHub Kelp Issues Protocol 18 If you are a user of Kelp, you can also complete a short feedback form to help the developers understand who uses Kelp and what issues you currently have after the Protocol 18 upgrade. Follow this link to fill in the form (1 minute): Kelp Feedback Form As you may know, on Oct 25 we launched SDEX Rewards, an incentive program encouraging market makers to keep providing liquidity to Stellar through the use of software like Kelp. Volume improved until Nov 3, when Kelp became incompatible with the new version of the protocol. Kelp played an important role during this increase in trading volume. We even saw the SDEX (under the ticker of StellarTerm) enter the top 10 DEXes on CoinMarketCap. An absolutely amazing achievement for Stellar! We'll let you know when the new version of Kelp is available. Keep watching our channels for further Aquarius updates and our upcoming launches of AQUA AMM rewards, governance, and voting tools.
  • SDEX Rewards update.
    1 project | reddit.com/r/AquariusAqua | 5 Nov 2021
    You can follow the progress developers are making using the following GitHub link: GitHub Kelp Issues Protocol 18 Also, if you are using Kelp please submit this short form so developers can get feedback and improve the software further: Kelp Feedback Form
  • Don't worry, Ananos is not being pumped and dumped
    1 project | reddit.com/r/ananos | 21 Oct 2021
    Me? No. Anybody can set up their own bot for the Stellar Dex if they're pretty tech savvy. Kelp is an open source trading bot. I ran it a long time ago when Ananos first started in order to just help keep the price stable and provide some liquidity but I haven't run it in awhile.
  • Interstellar sells
    1 project | reddit.com/r/ananos | 18 Aug 2021
    I suppose if we colluded to do that we could "fake" the price and make it look like it is worth more than it really is but that isn't good for the long-term health of the coin. The reality is with airdropping 10M to 100 people, some will just want to dump for whatever XLM they can get and walk away, some will sit on it and see what happens and some will start gobbling it up to become a whale. That being said, what usually happens with just an order book system on a new coin with no known value is you'll just get a huge spread between the lowest sell order and highest buy and no action whatsoever except from a few desperate (or bored) people. We need an automated market making system to help fix that and unfortunately there isn't one built into Stellar. There are bots (kelpbot.io) that individuals can run with an AMM-like trading style. They essentially take the ratio of Ananos to XLM in the account placing the orders and use that to set a price. The bot will then make a few buy orders below that price and a few sell orders above that price and re-adjust the middle price as the balances change. The downside to that is you end up with a bunch of different bots that can't agree on a price except via lots of arbitrage. We need a pool but I don't know how to set that up on Stellar without a system of "hey just send me all your coins and trust me to send you an appropriate portion back" lol. Swap sites use LP tokens but not sure if there's anything like that for Stellar.
  • The Genius Tokenomics of SLT (Smartlands)
    2 projects | reddit.com/r/AltStreetBets | 12 May 2021
    Try out kelp bot: https://github.com/stellar/kelp
    2 projects | reddit.com/r/AltStreetBets | 12 May 2021
  • Rstellar Daily Chat Thread
    1 project | reddit.com/r/Stellar | 18 Feb 2021
    In the 2021 roadmap, SDF said they are working on cross-chain features and that they want to increase SDEX liquidity. Just imagine a bridge between eth and stellar addresses, that might bring some of the uniswap traffic on SDEX - this is pure speculation though and I think Stellar should focus more on its own ecosystem. On that note, Kelp just went live, which is an AMM bot with GUI and it should bring more liquidity to the SDEX in the near future. Everyone reading this can help out and try Kelp (https://kelpbot.io/) and maybe you'll make some extra XLM on the side :)
  • Kelp If The Kelp Gui Supported The Main Public
    1 project | reddit.com/r/Stellar | 17 Feb 2021
    Link to the releases page for Kelp on Github: https://github.com/stellar/kelp/releases
  • Stellar Trading Bot with GUI now live for Pubnet - Bring liquidity to Stellar!
    1 project | reddit.com/r/u_oszolom | 16 Feb 2021
    4 projects | reddit.com/r/Stellar | 15 Feb 2021
    Here's the sample trader.cfg file to help get you configured to trade on Kraken: https://github.com/stellar/kelp/blob/v1.11.0/examples/configs/trader/sample_kraken_trader.cfg
    4 projects | reddit.com/r/Stellar | 15 Feb 2021
    I read a bit into the code and it was really hard so find the real implementation of these strategies. For example taking the balance strategy: https://github.com/stellar/kelp/blob/master/plugins/balancedStrategy.go It takes proper config to create a makeBalancedLevelProvider object which handles the orders balance across multiple trading strategies. This seems fine and reasonable. But then the trading strategy is split into sellSideStrategy := makeSellSideStrategy(...., ) and buySideStrategy := makeSellSideStrategy(...., ) which is then combined in a composed strategy (https://github.com/stellar/kelp/blob/master/plugins/composeStrategy.go)
    4 projects | reddit.com/r/Stellar | 15 Feb 2021
    Stellar Kelp Bot v1.11.0 is now live and enables GUI Mode for Pubnet. Set up a bot to provide liquidity. Read more Tutorials here: https://github.com/stellar/kelp#winning-educational-content-from-stellarbattle
    4 projects | reddit.com/r/Stellar | 15 Feb 2021

Stats

Basic Kelp repo stats
19
796
7.2
24 days ago

stellar/kelp is an open source project licensed under GNU General Public License v3.0 or later which is an OSI approved license.

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