Working on Farcaster and Warpcast. Longer thoughts at https://dwr.email

What has been most surprising is the continued dominance of DEX models that leak $100Ms of MEV from retail users, despite broad understanding / visibility into the issue and the existence of alternatives.

https://explore.flashbots.net/

No. I’m pretty bullish on appchains enabling products to internalize a lot of the value leakage.

In the context of DEX designs, an appchain built for MEV reduction can better control how transactions get sequenced to reduce value lost from front running and sandwiches.

Founder. Builder. Advisor | MIT EECS | Blockchain dev since 2016 | Daily thoughts streamed: /lostfounder

MEV will always exist, because MEV is energy that leaks from an imperfect system. The perfect system does not exist. And so energy will always leak. The question is how much and in which direction.

MEV can be utilized and redirected, but we will never be able to get all the edges off completely.