Lately, browsing on-chain data sometimes feels like watching a meteor shower: you think you're in line, and the next second someone "cuts in line." MEV, to put it simply, is about the value of transaction ordering; whoever can do it faster and closer can take a little bit of your slippage and gas price difference. The biggest impact doesn't seem to come from the "whales" and "institutions" we imagine, but rather from small traders like us—just wanting to swap tokens or interact, but ending up caught in the middle, with the transaction price flickering, and our mood trembling along.

Recently, the incentive and points system on the testnet has heated up again, and everyone in the group is guessing whether the mainnet will issue tokens or not. I'm also running tests, but the more I do, the more I feel: if the ordering rules are not transparent, points might become another kind of "queue-jumping ticket." Diligent people might not necessarily lose, but someone always knows how to time it better and queue more efficiently. Anyway, I now place my orders a bit slower—prefer to miss out on some opportunities than keep getting kicked out of the line... That's how it is for now.