Kamino Finance and Pyth Network Partner to Bridge DeFi Performance Gap
Kamino's Meta-Swap leverages Pyth Network's Express Relay to deliver a CEX-quality trading experience with transparency, self-custody, and composability
LONDON, April 2, 2025 (Bitwire) -- Pyth Network ('Pyth'), the universal price layer powering the next generation of finance, and DeFi protocol Kamino Finance today announced the launch of Meta-Swap, a next-generation swap router built to redefine what on-chain finance can do. Kamino Swap's Meta-Swap is powered by Pyth Network's Express Relay and offers highly competitive price execution found only in CeFi.
Competitive price execution means tight spreads and fast, reliable trades for DeFi users; this is what Kamino Finance calls 'CEX-like performance.' Instead of plugging into a single DEX or DEX aggregator—and being subject to liquidity fragmentation, protocol fees, or MEV—Meta-Swap broadcasts every swap to a network of searchers via Express Relay.
Meta-Swap runs active simulations to ensure swaps execute successfully and at accurate prices, removing failed transactions and inflated quote estimates from the user experience entirely. This results in no more inaccurate quotes, no more failed swaps, and no more mid-quote checks or on-swap validation.
'Meta Swap, powered by Pyth's Express Relay, is bringing CEX-level execution to DeFi, without the MEV tax,'said Mike Cahill, CEO of Dourouoro Labs, a leading contributor to Pyth Network. 'For the first time, traders are going to get the best possible price without any interference. This will make decentralized trading as fair, fast, and efficient as it is on centralized exchanges, thereby leveling the playing field between DeFi and CeFi to give all participants access to a borderless global financial market.'
Express Relay makes 'tipping' users, MEV elimination, and best price execution uniquely possible. It offers a secure auction environment for protocols to submit transaction opportunities to a network of top searchers. Searchers include Flow Traders, Wintermute, Auros, Caladan, Flowdesk, Tokka Labs, Selini, Swaap Finance, Amber Group.
'Meta Swap is finally bringing the decentralized Nasdaq promise to Solana users—making high-performance trading a reality on Solana,' said Marius Ciubotariu, cofounder of Kamino Finance. 'Kamino's active simulation algorithm, together with the Pyth's Express Relay auction network, constantly scans a wide pool of routes and searchers to deliver best execution on every trade.'
Kamino Meta-Swap joins Kamino's Limit Orders—launched in December 2024 with Express Relay —which have already surpassed $200M in volume and distributed nearly $100,000 in user tips.
Together, Limit Orders, Meta-Swap, and an upcoming DCA product (to be powered by Express Relay) form a comprehensive trading suite designed for all types of users: from degens and casual traders to whales and institutions.
To learn more about Pyth Network, visit pyth.network and follow on X and LinkedIn.
About Pyth Network
Pyth Network is the universal price layer for the global financial system, bringing the price of everything on-chain. With over 1000 price feeds and seamless integration across over 100 blockchain ecosystems, Pyth empowers developers to build decentralized applications with the speed, accuracy, and reliability of high-performance markets—providing sub-second, real-time data for digital assets, FX, ETFs, equities, and commodities. Supported by leading financial institutions—including Cboe, Revolut, Coinbase, Jane Street, Amina Bank, Two Sigma, and Virtu Financial—Pyth enables data providers to securely monetize their proprietary data while shaping the future of DeFi. By decentralizing access to high-fidelity price information, Pyth is breaking down financial barriers and ensuring that transparent, real-time pricing is available to everyone. With over $1 trillion in total transaction volume, Pyth is the foundation of a new, global financial system built on open-access data, fairness, and efficiency.
About Kamino Finance
Kamino Finance was originally created to offer users the easiest possible way of providing liquidity and earning yield on-chain. The protocol's one-click, auto-compounding concentrated liquidity strategies quickly became the most popular LP products on Solana and laid the foundation for what Kamino is now. Today, Kamino is a first-of-its-kind DeFi protocol that unifies lending, liquidity, and leverage into a single, secure DeFi product suite.
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