#2024Crypto #2024withBinance Share of BNB Chain Blocks Affected by Sandwich Bots Sets Record

In November, 35.5% of EVM-compatible BNB Chain blocks were subjected to sandwich attacks, which was a record figure, according to the Dune dashboard.

In the week from November 17 to 25, 645 active MEV bots were recorded in the blockchain. Their actions affected 43,397 traders, or 6.2% of the total number.

The total DEX trading volume on BNB Chain for the period was $9.23 billion. Sandwich bot operations accounted for $1.32 billion, with transactions worth $1.5 billion in their “sights”.

Ethereum co-founder Vitalik Buterin has repeatedly addressed the topic of MEV and called the technology one of the three main threats to the decentralization of the network. According to him, a limited number of solution operators are unfairly capturing value that should go to all users.$XRP $SOL $ADA