# Marketing Update, Devel’s Limit Order Proposal, XMR Update | Podcast #217

Page: https://stenobird.com/podcast/thorchain-livestream-podcast-6662512/marketing-update-devel-s-limit-order-proposal-xmr-update-podcast-217
Text version: https://stenobird.com/podcast/thorchain-livestream-podcast-6662512/marketing-update-devel-s-limit-order-proposal-xmr-update-podcast-217.md
Podcast: [THORChain Livestream Podcast](https://stenobird.com/podcast/thorchain-livestream-podcast-6662512)
Published: 2026-07-17T03:03:14+00:00
Episode link: https://rss.com/podcasts/thorchain/2998203
Audio file: https://content.rss.com/episodes/234253/2998203/thorchain/2026_07_17_03_02_57_067ded1c-0f42-43ca-8b2b-e1cd34037094.mp3
Processing state: not_requested
JSON: https://stenobird.com/v1/public/podcasts/thorchain-livestream-podcast-6662512/episodes/marketing-update-devel-s-limit-order-proposal-xmr-update-podcast-217
Duration seconds: 7750

## Resource

In this episode, the main conversation revolved around the limit order proposal, how it works, and its impact on arbitrage bots and Rujira. Swap now https://swap.thorchain.org/ THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self custody wallet to swap and there’s no KYC required. Timestamps: 00:00:00 Intro 00:04:00 Kenton starts 00:11:00 Volume is great! 00:13:00 Devel introduction 00:15:00 How did you hear about THORChain, Devel? 00:18:00 Why did you become a node operator as well as an arbitrageur? 00:20:00 It's been a long-standing belief that arbitrageurs are parasitic 00:23:00 Ratio between swap volume and arbitrage volume 00:25:00 Arbitrage volume is around 63% — does this mean THORChain is efficient? 00:27:00 Will Monero have a significant price discrepancy? 00:32:00 Could XMR become the XY curve of THORChain? 00:33:00 Devel's proposal: A new type of order to improve quotes and turn arbitrageurs into market makers 00:35:00 If the system works: Faster swaps, bigger swaps, and better price execution 00:37:00 They are not limit orders — they are limit swaps 00:38:00 Screen share 00:42:00 Devel explains the difference between limit orders and limit swaps 00:46:00 I want to achieve an improved quote endpoint 00:55:00 Chocolate bar 01:05:00 Boone and Devel join 01:06:00 Devel continues the conversation 01:13:00 Is this proposal additive or a replacement? 01:18:00 Devel continues breaking down the structure of his proposal 01:24:00 Boone adds clarity 01:28:00 Kenton asks about market making with exploited funds 01:34:00 Would this complement or compete with Rujira? 01:37:00 Boone: This does not conflict with the app layer 01:41:00 Clarifying Rujira's design versus Devel's base-layer proposal 01:47:00 Bo…

## Actions

- request_transcript: `POST https://stenobird.com/v1/public/podcasts/thorchain-livestream-podcast-6662512/episodes/marketing-update-devel-s-limit-order-proposal-xmr-update-podcast-217/transcription-requests` — Idempotently request low-priority transcript generation for this episode.
- read_markdown: `GET https://stenobird.com/podcast/thorchain-livestream-podcast-6662512/marketing-update-devel-s-limit-order-proposal-xmr-update-podcast-217.md` — Read the agent-friendly Markdown representation of this episode resource.

A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed.

## Transcript

Full transcripts are not published on public pages unless there is a clear rights basis.