The MEV market has been expanding steadily over the last few years. When Flash Boys 2.0 came out back in 2019, it shined a light into the practice, and by the start of DeFi Summer (when DeFi TVL was around $1bn), the cumulative value of MEV extracted on Ethereum had reached around $3.5m. Today that value has increased to over $680m. This report tries to gain insight into this market by looking at some of the most active wallet addresses identified by Nansen labels.
A look Into MEV Wallets Using Nansen Labels
In order to gain insight into the MEV market, this report looked at the on-chain activity of wallet addresses...