MEV Blocker is a tool designed to help individuals execute transactions on the Ethereum network while avoiding the negative impact of MEV bots.
MEV-Blocker is a tool developed by some of the prominent players in Ethereum’s MEV ecosystem to empower ordinary users by offering them a solution to avoid prevalent MEV attacks and benefit from certain MEV strategies that are less harmful.
MEV bots are a type of software program that attempt to exploit the profit-making opportunities that exist in the process of block validation and transaction settlement on a blockchain.
So far, ordinary users of Ethereum have lost over $1.38 billion due to MEV bots. MEV Blocker works by directing transactions to a network of ‘searchers’ before sending them to the mempool. It will reward 90% of the profits from winning bids back to users, with the other 10% going to validators.
Compiled by Coinbold