TechFlow, April 3 — Kamino Finance, a DEX protocol in the Solana ecosystem, announced the launch of Meta-Swap powered by Pyth Express Relay, aiming to deliver efficient, accurate, and optimal price execution for token swaps, bringing new performance and user experience to on-chain finance.
Express Relay, a product launched by Pyth Network, is designed to address the long-standing MEV issues in liquidations and improving market efficiency for DeFi transactions. The product connects DeFi protocols directly with a mature network of searchers via a protocol-controlled auction mechanism to execute valuable transactions such as liquidations.
Kamino Meta-Swap broadcasts each swap to the searcher network through Pyth Express Relay, where searchers compete in real time to offer the best prices. Kamino ranks all responses and executes the swap via the optimal route, ensuring users receive the best possible price while eliminating slippage and MEV impact.
At the same time, Kamino Meta-Swap introduces Active Simulations, designed to prevent failed transactions and misleading quotes, providing users with a transparent, self-custodial, and composable trading experience.
Going forward, Kamino Finance plans to further enhance Meta-Swap features, including smart swapping, exact output mode, and dollar-cost averaging, continuously laying a solid foundation for the decentralized transformation of global financial markets.
