Recently, someone asked me how much retail investors need to understand about blockchain builders and bundles. To put it simply, just understand enough to "not get eaten." Others think that clicking a trade directly puts it on the chain and queues it up, but in reality, many times trades are bundled into someone else's bundle. You have no idea how the order is arranged, who you're competing with, or if you've been squeezed.

My bottom line is: if I see obvious slippage anomalies or strange transaction prices, I assume it might have been routed or bundled, so I don't get overly excited and add to my position; if I can use a routing that prevents squeezing, I do, instead of blindly trusting "my quick fingers." As for who the builder is or how MEV auctions work, that's the domain of professionals. Retail investors learning about it probably won't find it useful.

By the way, a quick rant about this airdrop season: task platforms are cracking down more and more on anti-witch-hunting measures, and the points system is turning token farming into a routine job... Seeing so much on-chain data, I have just one feeling: don’t get carried away by narratives. First, understand your transaction quality before jumping to conclusions.