Share this article
Flashbots Reveals New Version of Its Key Ethereum Software
Development of SUAVE, as the project is codenamed, has been going on for a year.
Updated Oct 14, 2022, 7:14 p.m. Published Oct 14, 2022, 7:00 p.m.
Make us preferred on Google
Flashbots, whose software plays a pivotal role in the Ethereum blockchain ecosystem, said Friday that for the past year it has been developing a new version of the technology.
- The company announced this at Devcon in Bogota, Columbia, the biggest Ethereum conference of the year. Flashbots is a research and development team that has been working on ways to curb the potential harms of MEV – a controversial way of making money by reordering blockchain transactions.
- The new version is called "SUAVE," a codename that stands for “Single Unifying Auctions for Value Expression.”
- According to a presentation slide from Devcon, the software will be a fully decentralized block builder.
- It will be open source and EVM-compatible, supported across multiple chains.
- The Flashbots team announced that more details about SUAVE will be shared next week.
- Flashbots garnered a lot of attention recently when it decided to make open source its MEV-boost code following the U.S. Treasury Department’s decision to sanction Tornado Cash transactions. This way others could develop their own non-censoring relays.
For the last year, we have been developing the next generation of Flashbots under the codename “SUAVE” pic.twitter.com/Km2Awm8YoR
— Hasu⚡️🤖 (@hasufl) October 14, 2022
STORY CONTINUES BELOW
Read more: What’s Going On With Ethereum’s MEV-Boost?
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
Solana’s new phase is ‘much more about finance,’ says Backpack CEO Armani Ferrante
The Solana ecosystem has spent the past year doubling down on a financial infrastructure, Backpack CEO Armani Ferrante told CoinDesk.
What to know:
- Solana’s latest phase looks a lot less flashy than its memecoin-fueled highs, and that may be the goal.
- Armani Ferrante, CEO of crypto exchange Backpack, told CoinDesk in an interview the Solana ecosystem has spent the past year doubling down on a more sober focus: financial infrastructure. A
- fter years of experimentation as the wider crypto industry focused on NFTs, games and social tokens, attention is now shifting back toward decentralized finance, trading and payments.
Top Stories
