The Invisible Tax on Ethereum: What MEV Is and How to Counter It
The cryptocurrency market is growing exponentially—the total market cap has surpassed $2 trillion, with year-to-date growth of about 180%. DeFi’s TVL stands at $181 billion, up more than 500% since the start of the year. Smart-contract apps are opening avenues for additional income rooted in market inefficiencies and the quirks of Ethereum and other blockchains, with MEV emerging as a new risk for users of DeFi.