MEV
Technology & Computing abbreviation · Cryptocurrency & Blockchain
| Stands for | Maximal extractable value |
|---|---|
| Categories | Technology & Computing |
MEV stands for Maximal extractable value, a cryptocurrency & blockchain abbreviation.
The profit that block producers, or bots working with them, can capture by including, excluding or reordering transactions in a block, through tactics such as front-running, sandwich attacks and arbitrage.
Example: A bot sandwiched my swap for MEV, buying just before me and selling right after.
Usage notes
Originally "miner extractable value", from the 2019 paper "Flash Boys 2.0" by Phil Daian and colleagues, and renamed after Ethereum moved to proof of stake. Flashbots and other builders created separate markets for constructing blocks. Private transaction relays help users avoid sandwich attacks.