MEV is sometimes referred to as an ‘invisible tax’ that miners can collect from users – essentially, the maximum value a miner can extract from moving around transactions when producing a block on a blockchain network
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What Is MEV, aka Maximal Extractable Value?
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Maximal Extractable Value (MEV) is the quantifiable profit a block producer can obtain by arbitrarily ordering, including, or excluding transactions during the construction of a block in a permissionless blockchain.
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The concept of MEV originates from the structural design of blockchains where transaction ordering rights confer economic opportunities to block producers independent of protocol incentives such as gas fees or block rewards.
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