what's minotaur?

minotaur is Bittensor Subnet 112, a distributed DEX aggregator and swap intent solver engine designed to optimize DeFi trades across EVM chains. Users submit signed swap intents specifying tokens, minimum output, slippage, and deadlines. Validators batch these into short epochs, miners (solvers) compete by computing optimal execution paths—leveraging AMMs, RFQs, direct matches, or aggregators—to maximize user surplus while minimizing gas and risks. Validators simulate executions in Docker for deterministic scoring on surplus, correctness, efficiency, and fees, then co-sign and settle via smart contracts. The subnet's incentive mechanism rewards top performers with emissions proportional to weights set by validators on the Bittensor chain, plus solver fees from trades. Phased development includes training modes for safe onboarding, MEV protections, and expansions to multi-chain support. This creates a competitive marketplace for intent solving, navigating DeFi's liquidity labyrinth for superior, verifiable trade outcomes.

Minotaur experienced a 34% price drawdown after Covenant AI exited the Bittensor ecosystem.

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