> For the complete documentation index, see [llms.txt](https://docs.dysonswap.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.dysonswap.xyz/protocol-design/internal-arbitrage.md).

# Internal Arbitrage

Standard swaps with this protocol are arbitrage-resistant. There is a separate Solana program function to capture arbitrage opportunities, where users may transact at the internal mark price. With a single Solana instruction, a user can make a multi-hop swap and generate significant arbitrage profits. Nearly all of these profits are sent to liquidity providers, though the arbitrageur gets a small percentage for having identified an internal mispricing, as does the protocol.

As the protocol liquidity grows, so too will the percentage of internal-to-internal vs. internal-to-external arbitrage opportunities. This will cause the protocol efficiency to dramatically increase as it gains market share.


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