Can a Mempool Be Monitored on a Derivatives-Focused Blockchain?

Yes, a mempool can be monitored on a derivatives-focused blockchain if the protocol uses a public, transparent ledger for transaction submission and settlement. Many decentralized derivatives platforms operate on blockchains like Ethereum or Solana, which have public mempools.

Front-running on these platforms involves monitoring the mempool for large collateral deposits, liquidations, or options exercise transactions that will predictably affect the protocol's price oracle or liquidity. Centralized derivatives exchanges, however, do not have a public mempool as their order flow is internal.