Skip to content
Sign In Subscribe
Video — MEV — Ethereum

What are MEV Bots and How Are They Earning So Much Money?

MEV bots recorded US$24.5 million in profits last year... but how?

,   and  Blockhead
1 min read

Table of Contents

MEV bots are known for their controversy and negative impact on the blockchain as it undermines the fairness and security of the network. With the resurgence of Ethereum's transaction activity over the last course of the year, MEV bots have also recorded over US$24.5 million in profits from a total of $36 billion in transactional activity.

Read more: Exploiter Front Runs $25M From MEV Bots Using Ethereum Validator

But how exactly are these MEV bots making so much money from the blockchain? And what are MEV bots in the first place?

In this explainer, Blockhead learns more about MEV and how these bots are front-running so many users of their transactions on the blockchain.

Stay ahead of the game by signing up as a member of Blockhead and never miss a beat in the world of digital assets.

Related

Latest

De-Dollarisation: More BRICS in the Wall
Blockhead Daily Digest

De-Dollarisation: More BRICS in the Wall

The BRICS nations, led by China and Russia, are accelerating efforts to reduce reliance on the US dollar in global trade and finance. Cryptocurrencies and blockchain technology are emerging as key tools in this de-dollarization push, even as BIS officials are considering nixing the mBridge project.

,   and  Blockhead