On Thursday, the Pyth Network announced via X that its Express Relay now powers Kamino’s recently launched Limit Orders on Kamino Swap. Kamino Swap brings institutional limit orders on-chain. Top searchers and market makers now bid directly for orders, delivering best-in-class execution.
With Express Relay powering Limit Orders by Kamino Swap, a frontend for on-chain limit order trading, traders get even more control, with access to the true price for swaps and price execution comparable to centralized exchanges.
Express Relay streamlines access to top searchers for Kamino Swap, enabling best-in-class execution and fast fills based on pure pricing—that is, heavy competition between searchers, without distortion or inefficiencies from MEV or congestion. Express Relay’s searchers include Amber Group, Auros, Caladan, Flowdesk, Selini, Tokka Labs and Wintermute.
Pyth Network is an innovative decentralized oracle that sources financial market data from over 90 first-party publishers, including major exchanges and market-making firms worldwide. PYTH is up 1% in the last 24 hours and is currently trading at $0.5201 per coin.