Uniswap's new TJAR fee tool raises questions about who captures arbitrage profit
Uniswap has launched a TJAR fee tool, and it says Robinhood uses TJAR to receive stablecoin fees. Reports suggest that only fast traders capture the hidden arbitrage profit, while the chosen release price affects the surplus that outside traders get.
Why it matters
- Robinhood uses the TJAR tool to receive fees on stablecoin transactions.
- Only fast searchers appear to capture the hidden arbitrage profit.
- The chosen release price shapes how much surplus outside traders receive.
What to watch next
Watch for any further Uniswap updates on how the TJAR release price is set and how arbitrage profits are shared.
