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The instruments through which a trading bot fetches data are different depending on the DeFi platform the owner wants to connect and development preferences.
Many decentralized networks, including UniSwap and Aave, use open APIs called subgraphs. There are other APIs as well.
It's also possible to read the events directly from the blockchain through web3Js.
Due to high-frequency trading, DEX listing bots acquire newly added assets, that have potential to increase in price. They work following the strategy built by developers. To launch a profitable bot, it's necessary to create a well thought strategy, carry out back tests, and manage risks. The bot needs to function seamlessly, and accurately.
Usually, after cross-listing, the price of a cryptocurrency grows along with trading volume as a result of network growth. Investors who buy tokens at early stages have more chance to get returns.
Just a glance at the charts is essential to see how cryptocurrencies grow after cross-listings.
Among the common strategies that crypto traders use are day trading, buying and selling tokens by identifying their range of ups and downs, momentum trading, acting based on news, long-term investments, etc.
There are a lot of other strategies including hybrid and complex solutions. It's possible to practice these strategies on various decentralized and centralized exchanges.