Research Notes

Notes from the Technology Studio.

Occasional, detailed writing on the research and engineering behind High Noon's Technology Studio.

Research Notes August 10, 2026 26 min read

I Went Looking for Free Money on Solana. Here's the Autopsy.

Five arbitrage strategies, three AMM designs, three exchanges, and more than twenty thousand real observations on Solana — a full, honest writeup of why every single one came back unprofitable, and what that reveals about where retail edge in DeFi actually runs out.