After looking at the case of $KOGE being front-run, many people want to know if setting the slippage to 0.01% means there is no need to enable MEV protection.

Let me explain, MEV protection is commonly known as anti-front-running. Front-running can happen when, during your transaction initiation, a BOT uses a higher gas fee to front-run your transaction, raising the price, and then quickly sells after you buy, profiting from the price difference.

If you set your slippage to 0.01%, the maximum loss amount whether you enable MEV protection or not would be one ten-thousandth. In fact, this amount can be ignored for transactions below 100,000 USDT. The main reason to not enable MEV protection is to reduce slippage; theoretically, setting slippage to 0.01% should allow you to forgo MEV protection.

However, I personally still recommend enabling MEV protection for two reasons: First, Binance will compensate you if you are front-run even with MEV protection enabled. Second, slippage might automatically adjust to a default setting when you reopen Binance.

In conclusion, it’s not necessary to bear risks for a few USDT of slippage. It's best to use a lower slippage while also enabling MEV protection.