Quick Take

• Miner Extractable Value (MEV) refers to the amount of profit that miners can extract from reordering and censoring transactions on the blockchain
• Ethereum miners are increasingly taking advantage of the MEV opportunity. Recently, multiple mining pools were connected to a DEX arbitrage bot
• At best, MEV can be additive to a blockchain’s security because it brings validators more fees. At worst, MEV may lead to consensus instability

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