For the past two days, I’ve been fixated on MEV/ordering again and started acting a little immature: On-chain “cutting in line” isn’t really about who’s smarter—it’s about who’s closer to the teacher who set the questions. You think you just hit a swap in the DEX, but then someone in the lineup checks the answers first and slips in front of you, and that’s how your slippage and execution price get “squeezed” out. The biggest impact is actually on small retail traders and the stability of market makers’ quotes; everyone is forced to add even broader protections, so the experience gets worse. An
View Original