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Kamino Finance has announced the launch of Meta-Swap, supported by Pyth Express Relay.
Deep Tide TechFlow news, on April 3, the Solana ecosystem DEX protocol Kamino Finance announced the launch of Meta-Swap, supported by Pyth Express Relay, aimed at providing efficient, accurate, and optimal price execution for token swaps, bringing a new performance and user experience to on-chain finance.
Express Relay, as a product launched by Pyth Network, aims to address the long-standing MEV issues in handling settlements and improving market efficiency for DeFi transactions. This product connects DeFi protocols directly with an established seeker network through a protocol-controlled auction mechanism to execute valuable trades such as settlements.
Kamino Meta-Swap broadcasts each Swap to the seekers' network via the Pyth Express Relay, where these seekers compete in real time to provide the best price. Kamino ranks all responses and executes the Swap through the optimal path, ensuring that users receive the best price while eliminating slippage and MEV impact.
At the same time, Kamino Meta-Swap also introduces Active Simulations, aimed at avoiding failed transactions and misleading quotes, providing users with a transparent, self-custodial, and composable trading experience.
In the future, Kamino Finance plans to further optimize the Meta-Swap feature, including smart swapping, precise output mode, and dollar-cost averaging, continuously laying a solid foundation for the decentralized transformation of the global financial market.