Subscribe to Bankless or sign in
MEV Money! UMA has gone meteoric over the past 5 days, gaining 190% off its Oval announcement last Thursday. Why has the UMA token rapidly repriced?
When discussing MEV, we are typically talking about toxic MEV – like the money generated from a sandwich attack – and how to return this value back to the users performing onchain actions.
While it is possible to prevent this type of user-generated MEV by using a protected RPC endpoint, no method has cracked the task of capturing MEV created by protocols. Each year, lending protocols lose tens of millions of dollars to MEV; Aave alone has bled over $62M to MEV during its lifetime!
Subscribe for free to continue reading
- Support the Bankless Movement
- Access to thousands of articles
- Complete archive of Bankless episodes
- Embark on free quests in Airdrop Hunter
- Daily alpha in your inbox
Already subscribed? Sign in