Maximal Extractable Value (MEV)

German: Maximal extrahierbarer Wert (MEV)

Value captured by reordering, inserting or censoring transactions within a block, borne mainly by ordinary traders as worse execution.

Why people look this up

Execution-focused readers quantifying hidden trading costs and asking whether it is regulated.

Auf Deutsch

Maximal extrahierbarer Wert (MEV) — Wert, der durch Umsortieren, Einfügen oder Zurückhalten von Transaktionen innerhalb eines Blocks abgeschöpft wird und überwiegend von gewöhnlichen Handelnden in Form schlechterer Ausführung getragen wird.

Related terms

Automated Market Maker (AMM)
Liquidity Pool
Oracle Manipulation
Decentralised Finance (DeFi)
Smart Contract Risk

Looking for how this maps to its traditional-finance counterpart rather than a standalone definition? See the Term Bridge, which also flags where the obvious analogy is wrong.