Zotto is making big waves in the crypto space as an automated trading platform with automated strategies in Memecoins, PerpDEX, and DeFi. To satisfy high-frequency trading, an application like this needs one thing in excess — lightning-fast access to on-chain data.

Ankr’s Advanced API is specifically designed to provide multichain data with near-instant results for decentralized applications. By integrating Ankr's Advanced API, Zotto has gained access to a unified data source, streamlining its operations and enhancing its ability to execute precise trading strategies. Read on to discover how Ankr’s Advanced API delivers data faster and more efficiently.

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Zotto Chose Ankr To Become the Fastest & Best Automated Trading Platform

DeFi trading platforms like Zotto face the challenge of managing data from a multitude of blockchains. This can be a complex and resource-intensive task. Ankr's API simplifies this process by providing a single access point to data from 19 mainnet blockchains and 6 testnets.

This unified data source offers several advantages to Zotto:

• Cost Efficiency: By leveraging Ankr's Advanced API, Zotto can reduce operational costs associated with managing multiple data sources and infrastructure. They simply query once and receive data from 19 different chains.
• Lightning-Fast Data Access: Timely data is crucial for making informed trading decisions. Ankr's API ensures that Zotto receives near-instant updates on token prices, transaction histories, and smart contract interactions.
• Scalability: As Zotto's user base and trading volume grow, Ankr's infrastructure scales automatically to accommodate increased demand, guaranteeing a seamless user experience.
• Improved Trading Performance: Access to reliable and efficient data enables Zotto's automated algorithms to identify profitable opportunities and execute trades with precision.

How the Advanced API Delivers Data Faster

Ankr’s Advanced APIs take blockchain data and optimize, index, and cache it to make it readily accessible. They also combine multiple query results tailored to specific use cases.

The Advanced APIs support a wide variety of major EVM-compatible blockchains, so you can search once across many different blockchains at the same time, for example, to see the balance of an address and assets on Ethereum and Polygon in one query. You can start using Advanced API methods by using the single endpoint available below.

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The Advanced API Methods Powering Zotto

Ankr's Advanced API is a collection of RPC methods created to cover the most popular Web3 scenarios, deal with archive data at near-instant speeds, and boost efficiency, interacting with multiple chains in one request. Here are two Advanced APIs that Zotto uses to power their trading operations:

Query API: Near-Instant Blockchain Data Retrieval

Query API is an access-ready solution that enables your projects to interact with multiple blockchains in a single request. By indexing blockchain data from all currently supported chains, searching through large amounts of data is easier and faster than ever before. Query API has almost instantaneous processing speeds thanks to key-value filtering for searches that might ordinarily take hours to process. Query API serves to request info on the ranges of blocks (max range is 100) for a complete list of block metadata.

Token API: Token Data at Your Fingertips

Ankr’s Token API helps deliver information about tokens on any of the currently supported chains. The Token API allows dApps to quickly query account balances, how many tokens exist on a chain, how many token holders a given currency has, and a token’s current value.

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Final Thoughts

By integrating Ankr's Advanced API, Zotto has gained a significant competitive edge in the automated trading space. Ankr's lightning-fast data delivery and comprehensive coverage of multiple blockchains empowers Zotto's trading algorithms to make split-second decisions to maximize profit potential. As blockchain x AI tech continues to advance and the complexity of decentralized finance grows, platforms like Zotto, amplified by the power of Ankr's Advanced API, will drive the future of DeFi.

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