Foresight News reports, according to CoinDesk, the Bitcoin infrastructure project Satflow has launched a DEX for professional traders focused on the Ordinals and Runes ecosystem, positioned as a low-cost alternative to the NFT market Magic Eden, with initial fees set at 0%. The goal of the new DEX is to eliminate memory pool sniping, where users exploit the time difference between transactions waiting to be added to Bitcoin blocks.

Foresight News previously reported that Satflow announced the completion of a $7.6 million seed round financing in August this year, led by Variant Fund.