In the realm of blockchain technology, MEV, or Maximal Extractable Value, has emerged as a significant topic of discussion. It refers to the potential profits that can be gained by manipulating the order or inclusion of transactions within blocks on a blockchain. Initially coined as “miner extractable value,” MEV has evolved to encompass the broader scope of transaction ordering strategies employed by validators and other participants in the network. The Anatomy of MEV MEV strategies can be categorized into two main types: Front-running: This involves exploiting knowledge of pending transactions to place one’s own transactions before them, potentially front-running trade…