Rebar Labs is set to unveil a Bitcoin-native platform aimed at shielding traders from Maximum Extractable Value (MEV) strategies, particularly frontrunning, by the end of 2024, according to CEO Alex Luce. The platform is being developed in response to the growing Bitcoin ecosystem that includes decentralized exchanges (DEXs) and layer-2 (L2) solutions, which, while enhancing the network, also introduce new trading risks. Luce highlighted that MEV, especially front-running, is prevalent in the current market. The upcoming Shield is anticipated to enhance trader protection against harmful MEV while aiming to improve returns for Bitcoin miners. Rebar is in discussions with major miners to ensure a significant portion of the Bitcoin network's hashrate is involved at launch. As Bitcoin-native DeFi remains early-stage, with daily transaction volumes still modest, Luce expressed hopes for increased user interaction and adoption in the future. Additionally, he indicated that traders might shift to L2 solutions if execution quality on Bitcoin does not improve.

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