**Rebar Labs to Launch Bitcoin-Native Platform to Combat MEV by 2024**
Rebar Labs is gearing up to introduce the first Bitcoin-native platform designed to shield traders from Maximum Extractable Value (MEV) strategies like frontrunning by the end of 2024, CEO Alex Luce revealed. The rise of Bitcoin-native decentralized exchanges (DEXs) and layer-2 scaling solutions (L2s) has brought new risks, including harmful MEV.
Rebarâs Shield aims to be Bitcoinâs answer to Ethereumâs Flashbots, which has safeguarded $43 billion in DEX transactions from MEV since 2021. Shield will enhance interoperability among Bitcoinâs fragmented DEX ecosystem and boost returns for Bitcoin miners.
Bitcoinâs 2021 Taproot upgrade has enabled more complex activities, but Bitcoin-native DeFi remains in its infancy. With daily volumes in the millions, the space is still in an early beta phase. However, Bitcoin-native L2s like Babylon, Core Chain, Rootstock, and Stacks are gaining traction, with a total value locked (TVL) of around $2 billion.
Luce emphasized the importance of good execution on Bitcoin to prevent users from migrating to L2s, highlighting Bitcoinâs potential as a robust market.
