Maximum extractable value MEV

What is MEV?

MEV, or Maximum Extractable Value, refers to the additional benefits that miners or validators can obtain in the blockchain by adjusting the order of transactions, including or excluding certain transactions.

Why do MEVs exist?

In a blockchain, miners or validators are responsible for packaging transactions into new blocks. Since they have the power to choose which trades are included and in which order, they can use this position to obtain additional benefits, such as through arbitrage.

The impact of MEV

MEV may cause transactions to be delayed or not included, as miners may prioritize transactions that bring them greater benefit. This can also lead to unfairness and centralization of the network.