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ercan.btc
@ercandotbtc
GM!
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@ercandotbtc
šŸ” Understanding Sandwich Attacks in DeFi Ever wondered how attackers exploit transactions in decentralized exchanges? Letā€™s break down the Sandwich Attack: šŸšØ How It Works: 1ļøāƒ£ A victim submits a BUY transaction to the mempool. 2ļøāƒ£ An attacker detects this and submits two transactions: BUY with a higher gas fee (to front-run the victim). SELL with a lower gas fee (to back-run the victim). 3ļøāƒ£ The block producer orders these transactions based on gas fees. 4ļøāƒ£ The attackerā€™s BUY increases the token price. The victimā€™s BUY executes at a higher price near the slippage limit. 5ļøāƒ£ The attackerā€™s SELL finalizes, profiting from the price increase caused by the victim's transaction. šŸ’” Result: The victim pays more, while the attacker profits. What are your thoughts on combating sandwich attacks?
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ercan.btc
@ercandotbtc
Show up every day.
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@ercandotbtc
Youā€™ve engineered so hard thereā€™s only one person who can answer your questions and thatā€™s you
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ercan.btc
@ercandotbtc
Huge Congrats! Thatā€™s one of my goals too. First being able to understand what the code does and second providing a solution for it
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