March 15th, 2021

Unbeknownst to the average DeFi user, battlelines are currently being drawn as we speak in the ever evolving realm of MEV (Miner-Extractable Value, or… Maximal-Extractable Value as the cool kids are calling it nowadays).

As the dust slowly settles from when FrankResearcher first shared on-chain evidence of explicit arbitrage MEV amongst miners last year, several new groups of participants have been scrambling to establish dominance.

In this article I explore (just the surface) of the various groups competing to extend their reach across MEV domains and their respective attributes.