Topic
Value extracted by reordering, inserting or censoring transactions within a block, along with the searcher and block-builder market that competes for it.
Aptos switched on an optional encrypted mempool on October 12 that hides transaction contents until a block is finalized, Cryptopolitan reported. Ethereum's two comparable proposals are still drafts.
Reality
Aptos made its opt-in encrypted mempool live on mainnet at twice the base minimum gas price and about 20 ms of added latency per block. The premium falls on every encrypted transaction, so opting in turns on how likely a trader is to be sandwiched.
Reality
A keyless detector built to catch sandwich attacks on public DEX data found two in 8,000 swaps. In the pool CoinMarketCap ranked first by 24-hour transactions, three wallets were buying back what they had just sold inside single transactions.
Reality
A Gnosis Safe lost $7.73M in rsETH on September 15 through an automation module its own owner had whitelisted, an MEV bot took the proceeds in the same block, and Kelp DAO froze the destination address for 24 hours.
Reality
Coin Metrics puts Aerodrome at about half of Base's peak USDC transfer volume, with a single WETH/USDC pool at 32%, and the report says vote-directed AERO rewards and bribes to voters hold that liquidity in place.
Reality