The State of Solana MEV
summary
Backfilled Solana DEX data from Jan 2024 covers ~8.5 billion trades and reveals atomic arbitrage bots extract about $380M in revenue while sandwich bots extract $370–$500M over 16 months, paying only 5–15% in tips versus 50–60% for arbs. A small set of validators shows 20–60% of blocks containing sandwiches, stake flows from Marin/ stake pools amplify the problem, and mitigation includes blocklists, RPC filtering, client patches and upcoming failed-tx and liquidity-snipe datasets.
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chapters (12)
- 0:00Solana MEV intro
- 1:08Why MEV matters
- 2:33Atomic arbitrage tracking
- 3:55Sandwich attacks explained
- 5:39Jito pool shutdown impact
- 7:48Sandwich bot sources
- 8:49Validator sandwich rates
- 10:57Stake pools and MEV incentives
- 12:19MEV stake marketplace cycle
- 13:05Current mitigation efforts
- 13:48Actionable steps
- 14:29Future features and transparency
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