Satflow, a Bitcoin infrastructure firm, has launched a decentralized exchange (DEX) aimed at professional traders focusing on the Ordinals and Runes ecosystems. This platform seeks to address the growing concern of mempool sniping, a practice particularly problematic on the Bitcoin network due to its longer block times.

In a recent announcement, Satflow stated that their fees would start at 0%, significantly undercutting existing platforms such as Magic Eden, while enhancing trading efficiency for users dealing with Ordinals NFTs and Runes tokens.

What is Mempool Sniping?

Mempool sniping occurs when users exploit the delay of transactions waiting to be confirmed in the mempool, allowing them to hijack these transactions by attaching higher fees. This situation is exacerbated in ecosystems like Ordinals and Runes, where swift price fluctuations can occur.

Satflow's new DEX is designed to counteract this by ensuring that transactions cannot be easily 'sniped' while maintaining lower costs for users. Developers have expressed optimism that the market will transition towards more secure transaction methods as they evolve this trading approach.