Tengen Shares Eric Budish Lecture on HFT Mechanics in Order Books
Tengen recommends a one-hour lecture by UChicago Professor Eric Budish on the math behind high-frequency trading in continuous order books, including latency arbitrage and the liquidity tax. The post also cites a quoted claim of a bot earning $500k on Polymarket 15-minute crypto markets.
Original post · 1 min read
Bookmark this and watch it today, if you want to stop trading narratives and start trading architecture
It will permanently change how you view markets and liquidity. Check the quoted post below to see an example of HFT bot that appears to be exploiting these mechanics, printing over $500k in just 26 days on Polymarket.
For the platform, attracting this level of algorithmic warfare is the ultimate validation. This level of deep, constant liquidity cements the platform as a Tier-1 financial fortress.
What you'll learn inside:
- The fundamental flaw in the continuous limit order book (clob)
- How latency arbitrage actually works under the hood
- The concept of the "liquidity tax" and who ultimately pays it
- Why pure speed mathematically eliminates directional risk
There are no magic pills or secret formulas in this game. The edge simply belongs to those who understand the mechanics better than the others.
Tengen @0xTengen_polymarket trader made $500k on 15m crypto markets in just a 25 days
exclusively trade 15-minute and hourly "up or down" intervals on btc, eth, sol, and xrp
absorbing the newly introduced platform fees without breaking a sweat
that’s roughly $20,700 in pure profit per day
visually, everything points to an hft bot, the profile shows nearly 24,000 predictions
we can only theorize about the exact logic under the hood, but if this is a fully autonomous script, the creator should be proud of the flawless execution
looks like we are witnessing classic quantitative trading, likely smart money s…

