Great Interview with @mevintern

From #29: Interview with a Searcher – with MEV Senpai and Hasu + transcript

I sat down with MEV Senpai, one of the top searchers in Ethereum. He gave us the unique inside perspective of someone who finds and captures MEV himself. The result was a long & intense convo, one of the best I’ve had in a while.

Here’s a list of topics covered:

  • The structure and actors of the MEV game
  • What is searching, how can you learn it, what edges exist
  • Intro to private relays and transaction bundles
  • The role of Flashbots in DEX trading
  • short-term reorgs in Ethereum

What’s MEV?

Miner extractable value (MEV) is a measure of the profit a miner can make through their ability to arbitrarily include, exclude, or re-order transactions within the blocks they produce. — CoinMarketCap

For context, MEV is one of many arbitrage opportunities on blockchains. Here is an example of what might be the biggest on-chain arbitrage of all time.