Bitcoin infrastructure project Satflow has launched a decentralized exchange (DEX) aimed at professional traders dealing with Bitcoin-based tokens, including Ordinals NFTs and Runes fungible tokens. The DEX intends to combat the issue of 'mempool sniping,' where users exploit the waiting time for transactions to be processed by miners. Satflow has reportedly raised $7.5 million to establish this platform, which is set to offer competitive fees starting at 0%. The design caters specifically to the unique transactional delays on the Bitcoin blockchain which, due to its longer block confirmation times, creates opportunities for snipers to manipulate transactions. Unlike traditional exchanges, Satflow’s trading structure is said to be ‘unsnipable’ by involving multiple transactions. The founders expect a swift market shift towards this secure model as they cater to the growing demand from high-volume traders seeking efficiency in their transactions. By focusing on a mempool-first approach, Satflow aims to redefine token trading in the Bitcoin ecosystem.

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