How is front-running mitigated on DerivaDEX. Orders are encrypted at the time of submission.

05 Dec 2023, 19:48
How is front-running mitigated on DerivaDEX? Orders are encrypted at the time of submission. No one observing the DerivaDEX transaction log will be able to see the contents of any order until it is executed.

Same news in other sources

2
DerivaDAO
DerivaDAODDX #1660
Twitter
05 Dec 2023, 19:48
This protects users against front-running MEV bots, so you get a better price on your trade. But that's not all. DerivaDEX also protects users against payment for order flow -- otherwise known as the exchange trading against its own users.
This protects users against front-running MEV bots, so you get a better price on your trade. But that's not all.
This protects users against front-running MEV bots, so you get a better price on your trade. But that's not all. DerivaDEX also protects users against payment for order flow -- otherwise known as the exchange trading against its own users.
DerivaDAO
DerivaDAODDX #1660
Twitter
05 Dec 2023, 19:48
DerivaDEX operator nodes have no privileged access to orderflow. DerivaDEX should be your platform -- not your counterparty.
DerivaDEX operator nodes have no privileged access to orderflow. DerivaDEX should be your platform -- not your counterparty.
DerivaDEX operator nodes have no privileged access to orderflow. DerivaDEX should be your platform -- not your counterparty.