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Thesis Drop: MEV has become the dominant limit to scaling blockchains.
Our data reveals that the dominant paradigm of MEV extraction has moved to on-chain searching, and is starting to consume most of the capacity of most high throughput blockchains.
🧵 👇
Our data reveals that the dominant paradigm of MEV extraction has moved to on-chain searching, and is starting to consume most of the capacity of most high throughput blockchains.
🧵 👇
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