We are excited to announce our participation in @SemanticLayer’s seed round. We believe Semantic Layer can help dApps solve one of the biggest challenges they face today: MEV leakage.
We’re excited to announce our $3M seed round, led by @FigmentCapital, with participation from @hack_vc @robotventures @BanklessVC @anagramxyz @fenbushi and @perridonvc to bring Application-Specific Sequencing to dApps. Join us to Make dApps Great Again: slay.semanticlayer.io
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Currently, a lot of value generated by dApps (particularly DEXes) is captured by other participants in the transaction supply chain, mainly searchers, block builders, and validators.

Oct 8, 2024 · 6:33 PM UTC

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dApps are becoming more aware of this issue and are exploring ways to prevent this leakage so they can redirect the value in a way that’s more beneficial for them, such as sharing it with their users, LPs, or keeping it for themselves.
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Semantic Layer is building the infrastructure to allow dApps to define how transactions are ordered and executed, preventing value leakage and allowing for more customization in value distribution.
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The Semantic Layer team is not just building this new infrastructure but also two innovative applications built on top of it to showcase its strengths -  more on this coming soon!
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If you're an app developer wanting to explore application-specific sequencing and prevent MEV leakage, you can learn more about Semantic Layer here:
Introducing Semantic Layer! [1/7] Today, dApps are leaking hundreds of millions in MEV revenue, hurting users the most. In 2022 alone, $300M was extracted from users and dApps as MEV. This real yield could have gone to users or dApps, but instead was extracted by MEV middlemen.
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