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Express Relay

Express Relay

Off-chain auction primitive that mitigates MEV for protocol operations.

About

Pyth Express Relay is a permissionless off-chain auction protocol that lets DeFi protocols extract MEV value for themselves (or for their users) rather than leak it to private mempools and searchers. Protocols submit operation requests — liquidations, settlements, rebalances — to the relay, and searchers compete in a sealed-bid auction for the right to execute them on-chain. The winning bid is paid back to the protocol or its users. Governed by the Pyth DAO.

Also known as

pyth-express-relay · express relay

Build with Express Relay

Pulled from docs.pyth.network and github.com/pyth-network. See /developers for everything across all products.

Protocols using Express Relay

5 total