What is miner extractable value and how does it impact the cryptocurrency market?

3 answers

• Blanchard HaslundJul 01, 2020 · 5 years ago
  Miner extractable value (MEV) refers to the potential profit that miners can extract from the order execution process in decentralized finance (DeFi) platforms. It is the result of the order in which transactions are included in a block, allowing miners to front-run or sandwich trades to their advantage. MEV can impact the cryptocurrency market by introducing additional risks and incentives for miners, potentially leading to market manipulation and reduced trust in DeFi platforms.
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• Finnegan BarkerDec 19, 2023 · 2 years ago
  MEV is like finding a hidden treasure in the cryptocurrency market. It's the extra profit that miners can make by manipulating the order of transactions in DeFi platforms. By strategically placing their own transactions or reordering existing ones, miners can take advantage of price changes and make more money. However, MEV also introduces risks and can lead to market manipulation. It's a double-edged sword that both benefits and harms the cryptocurrency market.
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• Deeksha KesharwaniMay 05, 2024 · a year ago
  BYDFi, a leading cryptocurrency exchange, recognizes the impact of miner extractable value (MEV) on the cryptocurrency market. MEV introduces additional complexities and risks to the decentralized finance ecosystem. It is important for users and investors to understand the implications of MEV and make informed decisions when participating in DeFi platforms. BYDFi is committed to providing a secure and transparent trading environment for its users, ensuring fair and efficient market operations.
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