July 11: Pyth, a blockchain oracle protocol, has formally launched its latest product, Specific Relay, on mainnet, in keeping with the staff: “The launch introduces a novel decentralized resolution to the long-standing downside of MEV in processing liquidations and market-efficiency enhancing transactions in DeFi – as soon as regarded as an inevitable attribute of on-chain finance. The primitive connects DeFi protocols immediately with a community of established searchers via protocol-controlled auctions for occasions like liquidations. Searchers who’ve already built-in embrace Circulate Merchants, Wintermute, Auros, Flowdesk, Caladan, Tokka Labs and Swaap Finance.”
