Chainlink (@chainlink): Chainlink Smart Value Recapture (SVR) has officially recaptured over $1.5M in non-toxic liquidation MEV, with ~$400K recaptured in the past week.

Chainlink Smart Value Recapture (SVR) has officially recaptured over $1.5M in non-toxic liquidation MEV, with ~$400K recaptured in the past week. SVR is a novel oracle solution that enables DeFi protocols to recapture oracle-related MEV and establish new revenue streams while supporting the long-term economic sustainability of the Chainlink Network. New SVR-enabled searchers continue to onboard, with the recapture rate now averaging ~80% over the past month, returning more value to DeFi protocols. Thank you to @aave, @bgdlabs, and the broader Aave community for your collaboration in helping make DeFi more sustainable through novel innovations like SVR.