I just checked on-chain data on the way, and the old question popped into my mind again: Everyone says on-chain is open and transparent, but when it comes to ordering, it’s like queuing for tickets—someone always manages to “cut” in front of you. The affected parties aren’t just those who love to manipulate the market; ordinary people doing swaps or claiming airdrops see slippage inexplicably increase, or the transaction price is slightly worse than expected. When accumulated, it can be quite annoying.

To put it simply, MEV isn’t some evil force falling from the sky; it’s more like an advantage of “who sees first, who acts first,” amplified by technology and capital. Aggregators and wallets try to help you avoid getting front-run, but they can’t dodge it every time.

Recently, I keep comparing RWA, US Treasury yields, and on-chain yield products. I actually think we shouldn’t rush to chase high interest rates on-chain; instead, can we clarify “what order is executed after I click confirm” a bit more? The sense of fairness is more attractive than an extra 0.5%. Anyway, I’m currently trying to do small batches, small amounts, and avoid rushing during congestion, just for peace of mind.