The decentralized exchange (Dex) Paraswap was announced by its rebrand in Velora and switched to a new trading -based trading feature.
According to an announcement shared with the cointelegraph, Velora just introduced the Delta V.2.5 upgrade. This should result in improved flexibility and agility in the implementation of the dex trading.
Paraswap has seen 18,000 monthly active users in the past month with 4.3 million contacts in intelligent contracts over the past 365 days, according to the tokenterminal Data. The platform first introduced trading-based goals back in the summer of 2024, with the hope that it will alleviate the negative effects of the maximum available value (MEV) bots.
Since then, Paraswap has submitted orders in three steps. First the adoption is that it has been prioritized to specify the expected trade price, so it is submitted to an auction to determine the most efficient implementation strategy considering —ing liquidity and timing. The winning agent conducts trade while considering the user’s intent and purportedly reduces the risks of exploitation of MEV.
Related: Hyperliquid Dex Trading Volume Cut in CEX Market Share: Data
A Crypto MEV Bot is an automatic program that exploits Blockchain transaction opportunities-use tactics such as front-running and arbitrage to get excessive amounts. Project founder Mounir Benchemled said in time:
The availability of MEV affects not only individual transactions but also the overall fairness, access and decentralization of the defi ecosystem, making it one of the most pressing issues that needs to be addressed. “
The implementation of Velora -based trading
Velora’s implementation of aspiring trading is more customizable, giving the user a “full control of their implementation preferences, unlocking advanced features such as orders of orders, to overcome the barriers of implementing single-block and increasing flexibility.” The new aggregator has also been reported designed to allow for seamless cross-chain trading and improved performance.
Related: Curve Finance Clocks $ 35B Trade Volume in Q1 2025
Sergej Kunz, co-founder of Dex Aggregator 1inch, told Cointelegraph that “end users should not worry about the complexity” of decentralized finances. According to him, a system-based system eliminates most of this complexity:
“A goal -based system is designed to shift all the risk and complexity away from users and the hands of professional experts in implementing advanced DEFI techniques. A real Dex -based goal should provide MEV protection to the protocol level and complexity of implementing professional trading bots.”
https://www.youtube.com/watch?v=xjuo7rf24KG
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