Chainlink acquires Atlas, accelerates MEV recovery for DeFi

Chainlink has acquired the IP of Atlas, a transaction ordering tool developed by FastLane, to expand the "non-toxic MEV" solution for DeFi protocols. Although the deal's value was not disclosed, Chainlink stated that it has onboarded key personnel from Atlas and will continue to develop and expand the project under its sponsorship.

Following the acquisition, Atlas will be exclusively integrated into Chainlink SVR and will cease supporting RedStone. Both Atlas and SVR focus on handling MEV generated from liquidations, allowing protocols to auction backrun rights through a private channel, thereby preserving the value typically captured by bots.

According to Chainlink, SVR has processed over $460 million in liquidation value and helped protocols like Aave and Compound recover approximately $10 million in "non-toxic" MEV. Chainlink's OEV tool is now operational on Arbitrum, Base, BNB Chain, Ethereum, and HyperEVM, with the Atlas deal expected to accelerate cross-chain expansion.