BackRunMe

DEXs

Copy link
Share on X

Claim company
Report company

Description

BackRunMe is an innovative DeFi protocol designed to enhance the trading experience on Ethereum by leveraging blockchain technology to ensure users achieve the best trade execution prices through backrunning. This unique mechanism allows users to submit transactions directly to miners or validators, circumventing front-running and protecting against unfavorable slippage and price movements commonly encountered in decentralized exchanges (DEXs). The platform significantly enhances liquidity, minimizes market manipulation, and boosts market efficiency, providing traders with a competitive advantage in the DeFi space. Additionally, BackRunMe integrates the technology of arbitrage bots with MEV (Miner Extractable Value) and frontrunning protection, offering a secure environment for private transactions. It creates a mutually beneficial scenario by allowing searchers to backrun transactions for arbitrage profit, part of which is shared back with the user, thus ensuring fairness and optimizing trading outcomes in a decentralized manner.

Similar companies

Skip Protocol

Skip Protocol: A DeFi project offering a DEX Aggregator for optimal trade execution across DEXs, ensuring lower fees and better rates. Incorporates real-time scanning for enhanced trading efficiency.

Runbot

Runbot offers a no-code tool for creating and optimizing automated crypto trading strategies, featuring a decentralized NFT-powered marketplace and AI enhancements.

Metarun

Metarun is a blockchain-based P2E game where players earn MRUN through in-game activities, leveraging NFTs and DeFi on the BNB Smart Chain.

Coinback

Coinback offers innovative MEV protection for Ethereum transactions, rewarding users with ETH, and enabling staking benefits.

Backend Capital

Backend Capital is a DeFi liquidity protocol leveraging blockchain for seamless asset liquidity, bridging investors with DeFi opportunities, and providing instant liquidity for project tokens.

RUNLOOP

RUNLOOP is a DeFi dashboard for Ethereum, offering wallet tracking, asset management, and yield farming in one interface, aiming to simplify and optimize user investment in the DeFi space.

DMEX

DMEX is a decentralized crypto mining platform merging DeFi, offering cloud mining, yield on crypto via mining derivatives, and a marketplace for hashrate contracts with transparency and security.

RUNES DEX

RUNES DEX is a decentralized exchange leveraging blockchain for secure, efficient cryptocurrency trading and management, supporting a wide array of digital assets and offering DeFi functionalities through liquidity pools.

DEx.top

DEx.top is a decentralized exchange for Ethereum and ERC-20 tokens. It offers secure, transparent trading with off-chain transactions for efficiency and on-chain security.

mistX

MistX introduces Flashbots on Ethereum to prevent frontrunning/sandwich attacks, ensuring private, secure transactions with no failed fees, democratizing MEV for all.

backd

Backd is a dynamic DeFi lending protocol on Ethereum, offering reactive liquidity with automated management for optimizing yields and security.

R1 Protocol

R1 Protocol offers a DeFi platform with zero-slippage trading, enhancing liquidity and efficiency across DEXs by dynamically adjusting orders to ensure trades execute at intended prices.

FAQ

What is BackRunMe and how does it optimize DeFi trading?

BackRunMe is a DeFi protocol that enhances trading efficiency by allowing users to submit transactions directly to blockchain miners or validators. This approach prevents front-running and ensures trades are executed at optimal prices. Operating on Ethereum, BackRunMe addresses issues like slippage and market manipulation in decentralized exchanges, ultimately improving liquidity and market efficiency.

How does BackRunMe protect against front-running and sandwich attacks?

BackRunMe provides a mechanism for users to submit private transactions. This capability shields them from front-running and sandwich attacks by allowing miners to process these transactions discreetly. The protocol offers a unique advantage by incorporating MEV and ensuring that any arbitrage profits are partially returned to the user, enhancing protection and profitability.

What benefits does BackRunMe offer over traditional DeFi trading methods?

BackRunMe offers several benefits over traditional DeFi trading by minimizing slippage, preventing market manipulation, and optimizing trade execution prices. Its approach of directly sending transactions to miners helps users avoid adverse price movements and secures a portion of additional profits from arbitrage for users, thereby enhancing the overall trading experience.

How does BackRunMe utilize blockchain technology to enhance trade execution?

BackRunMe uses blockchain technology by enabling DEX traders to directly communicate with validators or miners, ensuring that transactions are executed without delay and at the most beneficial price point. This direct interaction permits backrunning when profitable, thus combining security with potential profit-sharing, and maintains privacy in decentralized finance trades.

What makes BackRunMe a preferable choice for decentralized traders?

BackRunMe stands out for its strategic focus on privacy, asset management, and trader protection from common exploitative tactics like front-running. It supports improved liquidity and fairness in the market by returning shared arbitrage profits, offering traders a competitive edge and ensuring better trade outcomes consistently.

Can BackRunMe help in reducing the slippage commonly faced in DEX trades?

Yes, BackRunMe effectively reduces slippage in decentralized exchange trades by leveraging its unique backrunning mechanism. By submitting trades via private channels to miners, it minimizes the likelihood of unexpected price changes, providing users with more predictable and favorable trade settlements, aligning with their initial intent and expectations.

FAQ

Company is unclaimed. Do you work for or own this company?

Description

Tags

Similar companies

Skip Protocol

Runbot

Metarun

Coinback

Backend Capital

RUNLOOP

DMEX

RUNES DEX

DEx.top

mistX

backd

R1 Protocol

FAQ

What is BackRunMe and how does it optimize DeFi trading?

How does BackRunMe protect against front-running and sandwich attacks?

What benefits does BackRunMe offer over traditional DeFi trading methods?

How does BackRunMe utilize blockchain technology to enhance trade execution?

What makes BackRunMe a preferable choice for decentralized traders?

Can BackRunMe help in reducing the slippage commonly faced in DEX trades?

FAQ

FAQ

What is BackRunMe and how does it optimize DeFi trading?

How does BackRunMe protect against front-running and sandwich attacks?

What benefits does BackRunMe offer over traditional DeFi trading methods?

How does BackRunMe utilize blockchain technology to enhance trade execution?

What makes BackRunMe a preferable choice for decentralized traders?

Can BackRunMe help in reducing the slippage commonly faced in DEX trades?

Similar companies

Skip Protocol

Runbot

Metarun

Coinback

Backend Capital

RUNLOOP

DMEX

RUNES DEX

DEx.top

mistX

backd

R1 Protocol