MEV Supply Chain

The MEV supply chain describes the sequence of actors and processes involved in the extraction of MEV. It starts with the searchers who identify opportunities, moves to the builders who aggregate these transactions into blocks, and finally to the validators who propose and attest to the blocks.

This supply chain is highly competitive and has become increasingly complex, with specialized infrastructure and protocols emerging at each stage. Understanding the MEV supply chain is essential for analyzing how value flows within a blockchain network and identifying potential points of centralization or risk.

It is a critical area for protocol designers aiming to democratize MEV or mitigate its negative externalities.