July 11th: Blockchain oracle protocol Pyth officially released its latest product, Express Relay, on mainnet. According to the team, “This release introduces a new decentralized solution to MEV’s long-standing challenge in processing transactions that increases clearing and market efficiency in DeFi, something that was once thought to be an inevitable feature of on-chain finance. This primitive connects DeFi protocols directly to a network of existing searchers through protocol-controlled auctions for events such as liquidation. Searchers that are already integrated include Flow Traders, Wintermute, Auros, Flowdesk, Caladan, Tokka Labs, and Swaap Finance.”
