Sorella Labs develops open-source tools for analyzing Ethereum Maximal Extractable Value (MEV) data. Their Brontes backend powers an MEV explorer, providing insights into arbitrage losses for liquidity providers. They also offer Angstrom, a novel decentralized exchange with native MEV protection for users and LPs.
Funding
$7.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Liquidity providers on decentralized exchanges (DEXs) face significant financial losses due to price discrepancies between centralized exchanges (CEXs) and DEXs, as well as from arbitrage and "Just-in-Time" (JIT) attacks. These MEV (Miner Extractable Value) opportunities are exploited by arbitrageurs, leading to LP losses.
Solution
Sorella Labs offers tools for Ethereum that aim to create sustainable on-chain markets by addressing MEV vulnerabilities. Their products include Brontes, a fully open-source MEV explorer for Ethereum, which allows users to parse MEV data and gain insights. Additionally, they are developing Angstrom, a novel DEX with native MEV protection designed to safeguard both swappers and liquidity providers from MEV exploits. Sorella's technology enables real-time monitoring and analysis of MEV data, helping users mitigate risks associated with arbitrage and other malicious trading strategies.
Target Audience
The primary target audience includes liquidity providers (LPs) on DEXs, DeFi traders, and developers building on Ethereum who are concerned about MEV and its impact on their strategies.
Features
- Brontes: A generalized and fully open-source MEV explorer for Ethereum.
- Real-time MEV data monitoring and analysis.
- Angstrom (Coming Soon): A DEX with native MEV protection for swappers and LPs.
- Proprietary backend for MEV data.