# Define 'Miner Extractable Value' (MEV) and Provide a Common Example ⎊ Path

**Published:** 2025-12-04
**Author:** Greeks.live
**Categories:** Path

---

## Define ‘Miner Extractable Value’ (MEV) and Provide a Common Example.

MEV is the profit that miners (or validators in PoS) can extract by arbitrarily including, excluding, or reordering transactions within the blocks they produce. It is a measure of the total value they can gain beyond the standard block reward and transaction fees.

A common example is a 'DEX Arbitrage' bot that observes a price difference across two decentralized exchanges in the Mempool and submits a transaction to profit from it, paying a high fee to ensure front-running.

- [What Is Maximum Extractable Value (MEV) and How Is It Related to Front-Running in Crypto?](https://learn.greeks.live/path/what-is-maximum-extractable-value-mev-and-how-is-it-related-to-front-running-in-crypto/)

- [What Is the Concept of “MEV” (Maximal Extractable Value) in Relation to On-Chain Settlement?](https://learn.greeks.live/path/what-is-the-concept-of-mev-maximal-extractable-value-in-relation-to-on-chain-settlement/)

- [What Is ‘Miner Extractable Value’ (MEV) in Relation to Transaction Ordering?](https://learn.greeks.live/path/what-is-miner-extractable-value-mev-in-relation-to-transaction-ordering/)

- [Explain the Concept of Miner Extractable Value (MEV) in Simple Terms](https://learn.greeks.live/path/explain-the-concept-of-miner-extractable-value-mev-in-simple-terms/)

- [What Is “Miner Extractable Value” (MEV) and How Is It Related to Front-Running?](https://learn.greeks.live/path/what-is-miner-extractable-value-mev-and-how-is-it-related-to-front-running/)

- [How Does Maximal Extractable Value (MEV) Relate to Front-Running in Decentralized Finance?](https://learn.greeks.live/path/how-does-maximal-extractable-value-mev-relate-to-front-running-in-decentralized-finance/)

- [How Does ‘Maximum Extractable Value’ (MEV) Relate to Front-Running in Decentralized Finance (DeFi)?](https://learn.greeks.live/path/how-does-maximum-extractable-value-mev-relate-to-front-running-in-decentralized-finance-defi/)

- [What Is a ‘Maximum Extractable Value’ (MEV) Attack and How Is It Related to Transaction Privacy?](https://learn.greeks.live/path/what-is-a-maximum-extractable-value-mev-attack-and-how-is-it-related-to-transaction-privacy/)

## Glossar

### [Mempool](https://learn.greeks.live/area/mempool/?utm_source=crypto.greeks.live&utm_medium=referral&utm_campaign=satellite)

Component ⎊ The Mempool is the waiting area where broadcasted but unconfirmed cryptocurrency transactions reside before being selected by a miner or validator for inclusion in the next block.

### [Miners](https://learn.greeks.live/area/miners/?utm_source=crypto.greeks.live&utm_medium=referral&utm_campaign=satellite)

Validation ⎊ The term "Miners," within cryptocurrency contexts, fundamentally denotes entities responsible for validating and adding new transaction records to a blockchain.

### [Validators](https://learn.greeks.live/area/validators/?utm_source=crypto.greeks.live&utm_medium=referral&utm_campaign=satellite)

Role ⎊ Validators are the network participants, typically in Proof-of-Stake systems, responsible for verifying the correctness of new transactions and proposing new blocks to be added to the blockchain ledger.

### [Decentralized Exchanges](https://learn.greeks.live/area/decentralized-exchanges/?utm_source=crypto.greeks.live&utm_medium=referral&utm_campaign=satellite)

Access ⎊ These platforms offer permissionless entry to cryptocurrency and tokenized asset markets, democratizing capital deployment into novel financial structures.

### [Mev](https://learn.greeks.live/area/mev/?utm_source=crypto.greeks.live&utm_medium=referral&utm_campaign=satellite)

Extraction ⎊ Maximal Extractable Value, or MEV, refers to the profit that can be extracted by block producers through their ability to reorder, insert, or censor transactions within a block.

## Discover More

### [Give an Example of a Use Case for a Private Blockchain](https://learn.greeks.live/path/give-an-example-of-a-use-case-for-a-private-blockchain/?utm_source=crypto.greeks.live&utm_medium=referral&utm_campaign=satellite)
![Give an Example of a Use Case for a Private Blockchain](https://learn.greeks.live/wp-content/uploads/2025/10/Alloy-Actuator-Interface-Analyzing-Printed-Circuit-Board-Traces-for-Decentralized-Ledger-Verification.webp)

Supply chain management for tracking goods and verifying provenance among known partners.

### [How Does Maximal Extractable Value (MEV) Relate to Front-Running in DeFi?](https://learn.greeks.live/path/how-does-maximal-extractable-value-mev-relate-to-front-running-in-defi/?utm_source=crypto.greeks.live&utm_medium=referral&utm_campaign=satellite)
![How Does Maximal Extractable Value (MEV) Relate to Front-Running in DeFi?](https://learn.greeks.live/wp-content/uploads/2025/10/Gimbaled-Actuator-Module-Representing-Decentralized-Exchange-Liquidity-Pool-Rebalancing-Mechanisms.webp)

Front-running is a form of MEV, exploiting transaction order to profit from a pending trade's predictable price impact.

### [Which Token Is Often Cited as a Historical Example of a Token That Is Now Considered Non-Security by the SEC?](https://learn.greeks.live/path/which-token-is-often-cited-as-a-historical-example-of-a-token-that-is-now-considered-non-security-by-the-sec/?utm_source=crypto.greeks.live&utm_medium=referral&utm_campaign=satellite)
![Which Token Is Often Cited as a Historical Example of a Token That Is Now Considered Non-Security by the SEC?](https://learn.greeks.live/wp-content/uploads/2025/10/Futuristic-Digital-Asset-Custody-Sphere-Integrated-with-High-Velocity-Asymmetric-Vehicle-Aerodynamics.webp)

Ether (ETH), due to the Ethereum network being deemed "sufficiently decentralized" by an SEC Director in 2018.

### [How Does the Shift to Proof-of-Stake Affect MEV and Front-Running Dynamics?](https://learn.greeks.live/path/how-does-the-shift-to-proof-of-stake-affect-mev-and-front-running-dynamics/?utm_source=crypto.greeks.live&utm_medium=referral&utm_campaign=satellite)
![How Does the Shift to Proof-of-Stake Affect MEV and Front-Running Dynamics?](https://learn.greeks.live/wp-content/uploads/2025/10/Conceptual-Intersection-of-Digital-Asset-Securitization-and-Bear-Put-Option-Settlement-Dynamics.webp)

PoS shifts block production from miners to validators, introducing PBS to mitigate centralized MEV control but not eliminating the potential for front-running.

### [What Specific Data Feed Would an Oracle Provide for a Weather Derivative Contract?](https://learn.greeks.live/path/what-specific-data-feed-would-an-oracle-provide-for-a-weather-derivative-contract/?utm_source=crypto.greeks.live&utm_medium=referral&utm_campaign=satellite)
![What Specific Data Feed Would an Oracle Provide for a Weather Derivative Contract?](https://learn.greeks.live/wp-content/uploads/2025/10/Macro-View-of-Digital-Asset-Custody-Interface-Indicating-On-Chain-Settlement-Mechanism-Fidelity.webp)

Verifiable, tamper-proof data on specific meteorological parameters (e.g. rainfall, temperature) from official weather stations.

### [What Are the Risks for the Miners Who Provide Their Hashrate to These Rental Markets?](https://learn.greeks.live/path/what-are-the-risks-for-the-miners-who-provide-their-hashrate-to-these-rental-markets/?utm_source=crypto.greeks.live&utm_medium=referral&utm_campaign=satellite)
![What Are the Risks for the Miners Who Provide Their Hashrate to These Rental Markets?](https://learn.greeks.live/wp-content/uploads/2025/10/Macro-Analysis-of-Interlocking-Legacy-Hardware-Components-Representing-Digital-Asset-Infrastructure-Opacity.webp)

Miners risk non-payment, missed profits from a market rally, and their hardware being used for nefarious purposes.

### [Give an Example of a "Multi-Leg Options Strategy" Suitable for RFQ](https://learn.greeks.live/path/give-an-example-of-a-multi-leg-options-strategy-suitable-for-rfq/?utm_source=crypto.greeks.live&utm_medium=referral&utm_campaign=satellite)
![Give an Example of a "Multi-Leg Options Strategy" Suitable for RFQ](https://learn.greeks.live/wp-content/uploads/2025/10/Abstract-Visualization-of-Intersecting-Volatility-Surfaces-and-Cross-Hedging-Derivatives-Instruments.webp)

An Iron Condor on Bitcoin options is a multi-leg strategy best executed via RFQ for a single, net premium.

### [Provide an Example of a Scenario That Would Increase Basis Risk](https://learn.greeks.live/path/provide-an-example-of-a-scenario-that-would-increase-basis-risk/?utm_source=crypto.greeks.live&utm_medium=referral&utm_campaign=satellite)
![Provide an Example of a Scenario That Would Increase Basis Risk](https://learn.greeks.live/wp-content/uploads/2025/10/Crossover-Point-Intersection-of-Volatility-Skew-and-Algorithmic-Trading-Execution-on-Decoupled-Digital-Asset-Ledger.webp)

A sudden regulatory change affecting only the spot market, causing the spot and futures prices to diverge.

### [Do Centralized Exchanges Have an Equivalent to MEV Searchers and Validators?](https://learn.greeks.live/path/do-centralized-exchanges-have-an-equivalent-to-mev-searchers-and-validators/?utm_source=crypto.greeks.live&utm_medium=referral&utm_campaign=satellite)
![Do Centralized Exchanges Have an Equivalent to MEV Searchers and Validators?](https://learn.greeks.live/wp-content/uploads/2025/10/Decentralized-Exchange-Automated-Market-Maker-Mechanism-Exploded-View-Illustrating-Liquidity-Pool-Depth.webp)

CEXs use an internal matching engine (validator equivalent) and privileged HFT/insiders (searcher equivalent) for front-running risk.

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