BlockBeats News: On July 26th, the Uniswap Foundation announced that the new DEX Angstrom, launched by anti MEV tool developer Sorella Labs, is now online, providing native MEV protection for token exchanges and LPs, with support from the Uniswap v4 Hook Design Lab.
Sorella Labs, a cryptocurrency startup dedicated to solving the Ethereum MEV problem, completed a $7.5 million seed round funding in August last year, led by Paradigm, with participation from Uniswap Ventures, Bankless Ventures, Robot Ventures, and Nascent. Sorella Labs is developing tools to address Ethereum's Maximum Extractable Value (MEV) issue, including Angstrom.