Satflow Launches DEX for Professional Traders in Ordinals and Runes Ecosystems

According to CoinDesk, Bitcoin infrastructure firm Satflow has launched a decentralized exchange (DEX) aimed at professional traders within the Ordinals and Runes ecosystems. The new platform is designed to address the issue of mempool sniping, a practice that can be particularly problematic on the Bitcoin network due to its 10-minute transaction confirmation window. Mempool sniping occurs when users exploit the time lag in which a transaction is waiting to be added to a Bitcoin block. Snipers remove these transactions from the queue, add their own signature, and attach a higher fee to ensure their transactions are prioritized by Bitcoin miners. This practice is more prevalent on Bitcoin compared to other blockchains and is further exacerbated in the Ordinals and Runes ecosystems, where new assets may experience rapid price fluctuations. To combat this, Satflow's DEX involves three transactions, making them