@ircrp 30 July 2021 more from that month

One of the most straight forward explanations I've heard to date about MEV, comes from Felix Leupold presentation on "Gnosis Protocol v2 Fighting the MEV Crisis with Batch Auctions one CoW at a time" and is as follows: "MEV comes from the fact that today in Etherum you have a block with multiple trades on the same token pair and they trade at different prices, and then you have searchers or miners that come in and try to buy the pair at the lowest price and sell it at the highest price and basically assemble their trades in a way that maximally benefits them" Source: https://youtu.be/6MfcZGVeQsQ?t=1063 #NoiseCash