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Recently, I've been paying attention to MEV again. Basically, it's on-chain "cutting in line."
I used to think it was pretty far from me, but I realized that the ones hurt the most aren't the scriptwriters, but ordinary people swapping coins or doing small strategies: for the same transaction, if you're half a second slower than others, slippage becomes a "tax."
Not to mention that if some ordering rules change, the concept of fairness starts to feel a bit mystical.
By the way, it reminded me of the recent collapse of blockchain games: inflation kicks in, studios are faster than anyone else, and when the coin price drops, it accelerates the sell-off.
The logic is pretty similar—who can cut in line, who can run first, and they pass the risk onto those behind.
Anyway, when I see a "high-yield route" now, I first ask: who's cutting in line on this path?
In the end, those who lose are mostly the ones waiting in line.