According to Mars Finance, on July 26, the Uniswap Foundation announced that Angstrom, a new DEX launched by Sorella Labs, a developer of anti-MEV tools, is now online, providing native MEV protection for token swaps and LPs, supported by the Uniswap v4 Hook Design Lab.
Sorella Labs, a crypto startup dedicated to solving the Ethereum MEV problem, completed a $7.5 million seed round of financing in August last year, led by Paradigm, with participation from Uniswap Ventures, Bankless Ventures, Robot Ventures and Nascent. Sorella Labs is developing tools to solve Ethereum's maximum extractable value (MEV) problem, including Angstrom.