Importance of MEV: Why it matters for you.

Maximal Extractable Value (MEV) significantly impacts the crypto ecosystem, affecting both the network’s efficiency and the fairness of transaction execution. Understanding MEV’s importance can help users, developers, and stakeholders make more informed decisions about how they interact with blockchain technologies.

According to mevwatch.info about 90% of all blocks on the Ethereum network are created by block builders. When a block is created by a block builder, the block builder accepts MEV transactions from “searchers” and submits them to validators, along with a MEV-share reward to incentivize the validators to accept the block from the block builder.

According to rated, the top 3 block builders have captured over 90% of all block building market share, meaning that the MEV space is centralized around a few key players. If you are very interested in getting deep into the dark woods of MEV, I recommend reading this interview with jaredfromsubway by crypticwoods