Cross-chain Platform Relay to Compensate Users $312,000 Following API Vulnerability

Cross-chain trading platform Relay discovered an API issue that exposed pending transactions between September 12 and September 26, allowing MEV searchers to front-run trades. Approximately 5,600 users were affected, with a median impact of $11.88 per user. Relay will pay a $50,000 bounty to Outputlayer for reporting the flaw and will automatically distribute a total of $312,000 in compensation directly to the affected wallets. Co-founder Jason Maier stated that the team is working to enhance transaction privacy and execution quality.