All books

Professional

Apps About Coach Log in Start reading

Quantitative Finance · Glossary

What is Priority gas auction?

Definition 22.6 Markets III: Commodities, Energy and Crypto · Chapter 22 — Maximal Extractable Value

A priority gas auction is the open competition in which searchers bid up the priority fees of transactions in the public mempool, each outbidding the others, to be ordered first for the same opportunity.

Read in context →