Satflow Launches Bitcoin DEX Aimed At Solving Mempool Sniping In Ordinal And Rune Trading

Zinger Key Points
  • Satflow launches Bitcoin-focused DEX with 0% fees, aiming to solve mempool sniping issues in Ordinal and Rune trading.
  • Satflow's mempool-first design targets pro traders, offering real-time data and seamless trading within Bitcoin’s 10-minute block intervals.

Satflow, a newly launched decentralized exchange (DEX) focused on Bitcoin Ordinals and Runes trading, aims to address the long-standing issue of mempool sniping—a major problem that has frustrated traders in the Bitcoin BTC/USD ecosystem.

Officially launched on Tuesday, Satflow introduces a mempool-first approach for pro traders, offering 0% fees and liquidity incentives through its “Satflow Flux” points.

Mempool sniping has been a common issue in Bitcoin trading, especially for Ordinals and Rune tokens.

Unlike other blockchains like Ethereum ETH/USD and Solana SOL/USD, Bitcoin’s longer block times create a window where traders can replace or cancel transactions before confirmation, causing disruptions for users attempting to complete trades.

Satflow's mempool-first design focuses on these unique challenges by allowing traders to access real-time data and execute transactions more efficiently within Bitcoin's 10-minute block intervals.

"The Bitcoin Ordinals market has seen significant growth, with both fungible tokens like Runes and non-fungible Ordinals gaining value rapidly," said Robert, co-founder of Satflow. "Traders are increasingly frustrated by outdated systems that don't account for Bitcoin's unique mechanics, which leads to missed opportunities. Satflow's interface simplifies trading by eliminating the need to use multiple tools, allowing transactions to occur seamlessly in one place."

Also Read: Bitcoin Spot ETF Sees $294M Inflow, Extending 7-Day Streak Amid Growing Market Confidence

In addition to addressing the technical challenges of mempool sniping, Satflow's DEX is designed to support high-volume traders, who often face rapid price swings in the Bitcoin Ordinals market.

The combined market capitalization of Ordinals and Runes is now in the billions, with daily trading volumes continuing to rise.

Satflow aims to become the go-to platform for professional traders who require real-time data and a more efficient trading process.

Satflow's launch follows a successful $7.5 million seed funding round led by Variant, highlighting the market’s demand for a DEX tailored to Bitcoin's trading dynamics.

Alex, the CTO of Satflow, emphasized the technical infrastructure that has been built to support the platform. “We've created purpose-built infrastructure to handle real-time data streams that haven't been seen in the Ordinals/Runes ecosystem before. Pro-traders will benefit from this work from day one.”

With continued innovation in the space, the evolution of decentralized exchanges like Satflow is likely to be a key discussion point at the upcoming Benzinga Future of Digital Assets event on Nov. 19, where experts will explore how Bitcoin's ecosystem is evolving to meet the needs of modern traders.

Read Next:

Image created using artificial intelligence with Midjourney.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!