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ParaSwap, a decentralized exchange aggregator, has launched a new intent-based trading protocol called ParaSwap Delta to address the issue of maximal extractable value (MEV) attacks. These attacks have reportedly resulted in nearly $17 billion in profits for attackers in the past month. The new protocol aims to eliminate gas fees and front-running attacks, providing a more seamless and secure trading experience. The system allows users to set trade goals while AI bots manage the execution to reduce MEV risks. ParaSwap has handled $76 billion in trades, highlighting its significant presence in the decentralized finance space.
PARASWAP BATTLES MEV WITH NEW PROTOCOL ParaSwap’s dropping a hot new protocol to tackle MEV attacks that have made $17 billion for attackers. Their Delta system lets you set trade goals, while AI bots handle execution to cut down MEV risks. With $76 billion in trades and big… https://t.co/2vlU5iAo3E
PARASWAP TAKES AIM AT MEV ATTACKS WITH NEW PROTOCOL Decentralized exchange aggregator ParaSwap is launching a new intent-based trading protocol to tackle the costly problem of MEV attacks, which have reportedly netted attackers nearly $17 billion in the past month alone. MEV,… https://t.co/mCkgWxAiRF
Exciting developments are coming to Bitcoin. https://t.co/9GFTaxjnvX
