All books

Professional

Apps About Coach Log in Start reading

Quantitative Finance · Glossary

What is Maximal extractable value, searcher?

Also known as: maximal extractable value · searcher

Definition 22.1 Markets III: Commodities, Energy and Crypto · Chapter 22 — Maximal Extractable Value

Maximal extractable value (MEV) is the value that can be obtained by including, excluding or reordering transactions in a block beyond the ordinary fees. A searcher is a participant, usually an automated system, that watches pending transactions and the chain’s state for such opportunities and submits transactions to capture them.

Read in context →