What Is the Difference between MEV and a Standard Transaction Fee?
A standard transaction fee is a transparent, voluntary payment by the sender to the network to incentivize inclusion in a block. MEV is the additional, non-transparent value extracted by the miner/validator through strategic transaction ordering, inclusion, or exclusion.
The standard fee is known upfront; MEV is an opportunistic, often hidden, profit.
Glossar
Standard Transaction
Baseline ⎊ A Standard Transaction serves as the fundamental baseline structure for moving value on a cryptocurrency network, typically characterized by a single input and one or two outputs, one of which is often a change address.
Standard Transaction Fee
Fee ⎊ A Standard Transaction Fee is a predetermined or algorithmically calculated charge levied for processing and validating a transaction within a blockchain network or a financial derivatives exchange.