Lately, there's been more talk about MEV, ordering, fairness, and so on, basically meaning that on-chain "cutting in line" is also possible. The biggest impact isn't necessarily from large traders, but rather from ordinary people who think that once they've confirmed, they're safe: slipping points are eaten, transaction prices are pushed up, and after a while, you might think you're just slow. Don't be too superstitious about "the market is just like this"; often, it's just that the ordering rules allow someone to see you first and act first.



Some people keep an eye on large on-chain transfers and unusual activity in exchange hot and cold wallets, shouting "smart money is here," but I see it more as a different mirror: you think you're trading with money, but you're actually trading with information asymmetry and queueing. Anyway, I first look at permissions, who can change parameters, who can decide the order of the queue... No matter how good the narrative sounds, I put that aside for now. Don't ask me how to solve it; I don't know either, but at least don't take cutting in line for granted.
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