Maximal Extractable Value (MEV) is a widespread and economically significant phenomenon, generating hundreds of millions in profits for those who exploit transaction ordering during block production across multiple blockchain ecosystems.

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MEV has become a crucial factor in determining the profitability of DeFi strategies and has led to the emergence of new tools and techniques for maximizing returns

Experts estimate that at least $675 million in MEV profits have been realized on the Ethereum blockchain alone over the past two and a half years. When counting other blockchains such as Binance Smart Chain and Solana, the total MEV market easily exceeds $1 billion in profits.

At the time of writing, Flashbots estimates that over $674 million has been extracted from transaction reordering on Ethereum since the beginning of 2020, though some researchers suggest it may be a lot more than that

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Maximal Extractable Value (MEV)