Maximal Extractable Value (MEV) has become an increasingly important topic in the DeFi ecosystem due to the potential negative effects it may have on dApps and users. But what is MEV❓ Here's a short thread to understand the basics: 🧵⬇️

2/ Simple definition: MEV refers to the maximum amount of value that can be captured by bots 🤖 — also known as “searchers” — through their ability to identify and exploit opportunities which arise from the ordering, inclusion, or exclusion of transactions within a block.