OEV Network: Capturing Millions of Dollars Lost to MEV in Lending Protocols
Lending protocols are losing millions of dollars annually due to MEV. OEV Network, an onchain solution built on Polygon CDK, aims to capture and return this value to dApps. The network utilizes zk-rollup technology and specialized order-flow auctions for oracle updates. It offers security, accessibility, transparency, and accountability. OEV Network is working with Gateway to make the solution scalable and efficient, accessible to a broad range of dApps across all chains. This onchain MEV solution aims to revolutionize DeFi and enable dApps to recapture value and generate sustainable revenue.