# Jack The Rippler: Arbitrage on the Decentralized Exchange of the XRP Ledger

arXiv: https://arxiv.org/abs/2106.16158 · HTML: https://mlsanity.com/paper/2106.16158/

## Key facts

- Cited by 1 papers in the map (data through 14 Oct 2026).
- First posted on arXiv 29 Jun 2021.

## Built on by (most cited first, 1 of 1)

- [Evolution of ESG-focused DLT Research: An NLP Analysis of the Literature](https://mlsanity.com/paper/2308.12420/) (2023)

## Abstract (arXiv)

The XRP Ledger (XRPL) is a peer-to-peer cryptographic ledger. It features a decentralized exchange (DEX) where network participants can issue and trade user-defined digital assets and currencies. We present Jack the Rippler, a bot that identifies and exploits arbitrage opportunities on the XRPL DEX. We describe Jack's arbitrage process and discuss risks associated with using arbitrage bots.