What is the meaning of MEV in the crypto industry?

1 answers

• Nov 30, 2021 · 3 years ago
  MEV, also known as Miner Extractable Value, is a concept in the crypto industry that refers to the potential profits that miners can extract from the order and inclusion of transactions in a block. Miners have the ability to manipulate the order of transactions in a block, which can allow them to front-run or back-run certain transactions. Front-running involves prioritizing their own transactions or those of their associates to gain an advantage, while back-running involves delaying or censoring certain transactions to take advantage of price movements. MEV has become a topic of concern in the crypto industry due to its potential for market manipulation. It is important for participants in the industry to understand MEV and its implications in order to make informed decisions.
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