UMA launches Oval to help DeFi protocols capture ‘oracle extractable value

UMA launches Oval to help DeFi protocols capture oracle extractable value

UMA has unveiled Oval, a MEV capture solution that the platform says will help DeFi protocols monetize the value that comes with the use of Chainlink oracle data.

MEV relates to the maximum value one can extract from a block, such as transaction reordering and exclusion.