What are MEV attacks?
MEV, or Miner Extractable Value (sometimes referred to as Maximum Extractable Value), refers to the profit that miners (or validators in proof-of-stake systems) can make by manipulating the order of transactions within a block. An MEV attack occurs when miners or validators exploit their ability to reorder, include, or exclude transactions to extract additional value, often at the expense of other users.
What are the impacts of MEV Attacks?
User Losses: Regular users may experience prices that are worse, failed transactions, or unexpected losses due to MEV exploitation.
Network Congestion: MEV bots often compete by bidding up gas fees, leading to higher transaction costs for everyone.
What is MEV Protection?
MEV Protection is a feature designed to shield your transactions from these attacks. It ensures that your swaps are executed fairly, without being disadvantaged by MEV strategies. This layer of protection maintains the integrity of your transactions, making your swapping experience more secure and equitable.
How does SafePal protect users from MEV attacks?
For the security of users' assets, SafePal has currently added MEV protection on Ethereum, BNB Chain, and Base networks. When users use SafePal's native Swap function, or use third-party DApps to Swap within SafePal, MEV protection will be automatically enabled.
SafePal's Native Swap DApp in SafePal Browser
