It seems like the market has an appetite for MEV protection.

MEV Blocker, MEV Protect, and MEV Boost are all MEV protection solutions that have been released in the past month.

All these solutions work a little differently, but we’ll focus on MEV Blocker 🧵

1/ MEV Blocker was launched by Cowswap in collaboration with Beaver Build and Agnostic Relayer.

It works by mixing in fake transactions with actual user transactions, so searchers don’t know which transaction they should sandwich, and thus, nobody gets sandwiched.

2/ Yesterday, MEV Blocker protected ~5% of all transactions on Ethereum.

There hasn’t been a huge amount of refunds, in fact there has only been 13 refunds to date with a total of 0.775 ETH refunded according to this dashboard. dune.com/beetle/mev-blocker-stats

3/ 90% of the searcher’s bid is returned to users.

A good reason why not much has been returned to users yet is that a lot of the meme coins that the bulk of transaction activity are only traded in one liquidity pool, which means that there is nothing to backrun/arbitrage with.

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