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mev

What does mev mean?

Maximal (or Miner) Extractable Value is the profit that block producers or bots can extract by strategically including, excluding, or reordering transactions within a block, e.g. via front-running.

"His swap got front-run by an MEV bot and he lost a chunk to slippage."

Origin

Ethereum research term originally 'miner extractable value', now 'maximal extractable value'.

Frequently asked questions

What does MEV stand for?
It stands for Maximal Extractable Value, originally 'Miner Extractable Value' before Ethereum moved to proof of stake.
What is MEV in crypto?
It is the profit block producers or bots can extract by strategically including, excluding, or reordering transactions within a block.
How does MEV affect regular users?
It can cost ordinary traders through tactics like front-running and sandwich attacks that worsen their price and slippage.
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Slang definitions: FreeDict original editorial.