Joined February 2021
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Repost this tweet for free access to Snowsight Premium, for unmatched access to the @avax mempool ! (Make sure your DMs are open!) @_Fonex_ @bblinky_
We've successfully democratized the avax mempool! With mempool access, you gain access to a special class of MEV: same-block arbitrage. Same-block arbitrage is secured by submitting a transaction in the same block that an arbitrage opportunity becomes available. Learn more 👇
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Happy to see independent analysis proving Snowsight has visiblity into ~95% of the @avax mempool. Want a free Trial of Premium? Repost this tweet and open your DMs.
Replying to @twitt_tr
Compare that to @ChainsightLabs mempool access on mainnet, significantly higher. Possibly some transactions are private to specific validators as well, so you'd never expect this to be 100%.
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Happy Holidays from @ChainsightLabs! To celebrate, we are giving away free access to Premium Tier of Snowsight, a mempool streaming and transaction propagation service on @avax C-Chain. Interested? Like this post and comment below!
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Due to market stabilization, Snowsight mempool relay services will no longer be paused monday Nov. 25th and will remain operational indefinitely.
Due to volatile market conditions, Snowsight mempool relay services will be paused starting Monday Nov. 25th at 12:00 PM EST. Snowsight mempool relay services will resume when market conditions have stabilized.
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Due to volatile market conditions, Snowsight mempool relay services will be paused starting Monday Nov. 25th at 12:00 PM EST. Snowsight mempool relay services will resume when market conditions have stabilized.
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Despite Flashbot's best intentions, after 2 years it is now clear that instead of democratizing block production, MEV-Boost has actually had the opposite effect—2 builders monopolize the block building market, extracting $500k ETH daily. How did this happen? Stay tuned for more.
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Chainsight retweeted
9 Jun 2023
3/9 Many decentralized perpetuals allow signficant value to be extracted from their LPs, forcing them to impose higher fees on users to compensate for this. Over 40 days a value equalling ~10% of protocol profits was extracted from GMX by arbitrage bots x.com/ChainsightLabs/status/…

1/ @GMX_IO's price oracle updates can be abused by toxic MEV bots, able to extract ~10% of total protocol profits (>$260,000 over last 40 days). Bots viewing the @avalancheavax mempool can buy assets from GMX immediately before price increases, and sell them back for profit 👇
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🎉Snowsight, a mempool streaming service and a transaction propagation service for MEV searchers on the Avalanche C-Chain, is officially a year old. 🎉 To celebrate, we are granting free Premium Tier access to users in our telegram. Join us 👇 t.me/snowsight_avax
For too long, MEV on @avalancheavax has been gatekept and siloed from the masses, due to AVAX not gossiping the mempool 🧐 But no longer. Today, we release the web app to Snowsight, an AVAX mempool service: avax.chainsight.dev Retweet this post for exclusive beta access!
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Chainsight retweeted
A monopoly, on the other hand, would allow a single builder to keep more of these profits themselves, as there would be nowhere else for users to go. Encouraging signs have emerged as the Flashbots builder is down from 75% to 25% market share.
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Chainsight retweeted
1/ Today, we'd like to announce the biggest upgrade to the Keep3r Network to date Introducing new features that make the network more powerful, efficient, and accessible than ever before
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Chainsight retweeted
Replying to @glxyresearch
As of February 3 2023, roughly 85% of all Ethereum validators are earning MEV through a neutral third-party software known as MEV-Boost. H/t: @ChainsightLabs
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Chainsight retweeted
11 Jan 2023
This sent me on the research spree. Here are some interesting links: - What is MEV? alchemy.com/overviews/what-i… - Dune Analytics Dashboards by @ChainsightLabs dune.com/ChainsightAnalytics
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Chainsight retweeted
The birth and development of a new industry
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Chainsight retweeted
1/ Long-Tail Miner Extractable Value (LTMEV) is one of the most secretive phenomena of DeFi. Unlike liquidations and arbitrage, the strategies required for LTMEV are very specialized/require deep knowledge of protocols. @ConvexFinance released $157K in LTMEV over 8 months🧵👇
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Since 11/8, two block builders have made outsized profits vs. their competition: 0x9522...afe5: 701.3 ETH 0x4737...7dfc: 591.5 ETH Most builders are in negative for the privilege of building blocks. What novel features are these builders providing? Is this @foldfinance? 😇☺️
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Block builder inclusion rate jumped 20% after @CoinbaseCloud's announcement to support MEV-Boost. Flashbots pre-merge product had >90% hashrate of miners running mev-geth—this benchmark took nearly a year to reach. MEV-Boost has nearly reached that same benchmark in <2 months.
Flashbots’ MEV-Boost is now live on Coinbase Cloud. Our ETH staking customers can now opt-in to receive MEV (maximal extractable value) rewards enabled by proposer-builder separation (PBS). Coinbase Prime and Retail customers staking ETH will earn additional rewards automatically
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Chainsight retweeted
24 Oct 2022
Special thanks to @ChainsightLabs, whose queries were forked while building this dashboard. dune.com/ChainsightAnalytics… Some other useful sites in relation to MEV and block building:
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1/ @GMX_IO's price oracle updates can be abused by toxic MEV bots, able to extract ~10% of total protocol profits (>$260,000 over last 40 days). Bots viewing the @avalancheavax mempool can buy assets from GMX immediately before price increases, and sell them back for profit 👇
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4/ All AMMs that rely on price oracles are susceptible to this type of MEV if the chain has a public mempool. Other AMMs who are vulnerable include @WOOnetwork (only $12k in available profits, however). This form of long-tail MEV is underexplored.
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5/ GMX has been aware of this MEV vulnerability for some time via @immunefi. *an independent researcher was paid $1k by GMX upon disclosure of this MEV vulnerability
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