🔎 RESEARCH: Sandwich attacks on Ethereum drained nearly $40M from users in 2025, yet extraction has fallen sharply even as DEX volumes surged from $65B to over $100B monthly, per EigenPhi data.
Monthly sandwich extraction dropped from ~$10M in late 2024 to just $2.5M by October 2025, while attack frequency remained high at 60K-90K per month.
Most concerning: 38% of attacks targeted low-volatility pools including stablecoins and wrapped assets, with 12% hitting stable swaps where slippage is unexpected and especially damaging.
Average profit per sandwich attack sits at just $3, with only six attackers generating over $10K total profit in 2025.
Could the decline in sandwich extraction suggest growing adoption of MEV-protection tools among traders?
