Bitcoin infrastructure project Satflow announced the launch of a DEX for professional traders focusing on the Ordinals and Runes ecosystems. Its purpose is to eliminate memory pool sniping, which may have a more serious impact on Bitcoin than other networks. It is reported that the fee of this DEX will initially be 0%.
In August this year, Satflow completed a $7.6 million seed round of financing, which was led by Variant and participated by Nascent, UTXO Management, Coinbase Ventures, Hash3, CMS Holdings, Asymmetric, Sora Ventures, Memeland, Robot Ventures, Bitcoin Frontier Fund, etc. (Coindesk)