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13 posts tagged with "mev"

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p2porg publishes 96% of its blocks after 3 seconds. Its Lido validators publish on time.

· 5 min read
Aubury Essentian
Ethereum Research

There's a 3-second cliff in Ethereum's attestation system. Blocks that arrive after it — when validators have already started forming their head votes — cause measurable drops in head accuracy. The earlier post established that with 50,000 slots of data.

What it didn't answer: who's responsible?

The thing slowing down your EL client isn't MEV

· 3 min read
Aubury Essentian
Ethereum Research

I started this looking for evidence that high-MEV blocks are harder for execution clients to process. The intuition is obvious: MEV blocks are full of complex DeFi interactions, sandwich attacks, arbitrage — all the state-thrashing stuff. Surely they're heavier to execute.

They're not. The correlation between MEV block value and newPayload execution time is r = −0.004. Essentially random noise.

What actually predicts execution latency is simpler and more boring: how much gas the block used.

MEV Bot Censorship on Ethereum

· 2 min read
Aubury Essentian
Ethereum Research

I found a smoking gun in the mempool data: an MEV extraction bot is being systematically excluded from Ethereum blocks with a 91.9% exclusion rate. The kicker? Higher gas prices correlate with higher exclusion rates — the exact opposite of how a functioning market should work.

The Gas Price Paradox: For one sender, excluded transactions offered 11.78 gwei on average. The single transaction that got through? 1.7 gwei. This is reverse price discrimination — the more you pay, the less likely you are to be included.