Market structure

MEV

Value extracted by reordering, inserting, or censoring transactions.

What it means

Maximal extractable value can occur when validators, builders, bots, or searchers exploit transaction ordering opportunities.

Why it matters

MEV can affect swap execution, liquidation markets, and user costs.

Same category

Related glossary reads

Market structure

Liquidity

How easily an asset can be bought or sold without moving price heavily.

Glossary read
Market structure

Slippage

The difference between expected price and executed price.

Glossary read
Market structure

Holder concentration

How much supply is controlled by the largest wallets.

Glossary read
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