Recently, I keep seeing everyone arguing about MEV, ordering, and “fairness.” Put simply, it means that someone on the chain can “cut the line.” Who does it affect? The most obvious for me—someone with a tiny position—is this: you think you’re getting in at market price, but the slippage suddenly jitters, and the execution price feels like it’s been gently nudged by someone else… It’s not that I lose a lot, but that sneaky little “snatched a bite” feeling is really annoying.

Even more awkward is that the community’s funding rate situation is at extremes right now—every day everyone guesses whether it’s about to reverse or whether the bubble will keep getting squeezed. But once there’s more cutting in line on-chain, those little short-term “sentiment orders” feel less like actual trades and more like delivering meals to someone else: you rush in, but others get out first. People who’ve been rug-pulled a couple of times have learned their lesson; they’d rather go slower, with less, and not squeeze in at the door with the crowd. Besides, I also don’t know who’ll be queued up in front in the next second.