ZENMEV Insight: Maximal Extractable Value MEVA – New Economic Concept in the Blockchain Ecosystem
London, England, United Kingdom, 30th Oct 2024 – Maximal Extractable Value (MEV) is a metric that measures the maximum profit that miners (or validators, sequencers, etc.) can derive from their ability to manipulate the order of transactions or include, exclude, or reorder transactions within the blocks they produce. MEV has gained significance, especially with the rise of decentralized finance (DeFi) platforms, becoming an essential element that enables complex financial transactions within blockchain ecosystems.
Understanding MEV
The simplest way to understand MEV is to think of the value generated from manipulating the order of transactions in a block. This can involve including specific transactions in a block, excluding certain transactions, or rearranging the order of transactions....