4. Pyth, a blockchain oracle protocol, has officially launched its newest product, Express Relay, on mainnet, according to the team: “The launch introduces a novel decentralized solution to the long-standing problem of MEV in processing liquidations and market-efficiency enhancing transactions in DeFi – once thought to be an inevitable characteristic of on-chain finance. The primitive connects DeFi protocols directly with a network of established searchers through protocol-controlled auctions for events like liquidations. Searchers who have already integrated include Flow Traders, Wintermute, Auros, Flowdesk, Caladan, Tokka Labs and Swaap Finance.”
Related posts
-
Ethereum’s Vitalik Buterin Argues Against Supporting Political Candidates Based Only On ‘Pro-Crypto’ Stances
Buterin, viewed as Ethereum’s intellectual leader, argued against supporting candidates purely based on their crypto stances.... -
Polymarket Hires Nate Silver After Taking in $265M of Bets on U.S. Election: Report
As the U.S. presidential election enters its final stretch, crypto-based prediction market platform Polymarket is striking... -
Trump Odds on Polymarket Hit Another All-Time High After Vance VP Pick
A total of $262 million has been staked on Polymarket’s presidential election contract, a record for...