Arbitrage Ape is an on-chain liquidity desk operating on Robinhood Chain, with activity and fund equity also tracked on Arc. Its own node monitors swaps and ranks active token launches by trading flow, pool depth, and the presence of successful liquidity providers. An operator selects pools and position sizes; the desk does not open positions automatically.

It provides concentrated liquidity through price-range bands, placing USDG bids below the market price and token liquidity above it. These positions earn pool fees, while the desk may also conduct trading and arbitrage. Fees are swept to an on-chain vault, and bands that fall through their set floor are closed, with returned tokens sold.

Arbitrage Ape reports fees, token-sale shortfalls, band gains or losses, operator sales, and desk trading in its performance ledger. The $AA token, launched on Pons v2, gives holders a share of the holder pot: 60% is paid pro rata in USDG once at least $3,000 is owed, while 40% remains in the desk reserve