TechFlow reported on July 11 that the oracle network Pyth Network has launched its latest product, Express Relay, aimed at addressing long-standing MEV issues in handling liquidations and improving efficiency in DeFi trading markets. Through a protocol-controlled auction mechanism, this product directly connects DeFi protocols with an established network of searchers to execute valuable transactions such as liquidations. DeFi protocols using Express Relay can eliminate MEV, significantly reducing the cost of critical protocol operations, while both DeFi protocols and searchers can integrate with Express Relay permissionlessly. Currently integrated searchers include Flow Traders, Wintermute, and others.
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