In this article, I am going to summarise what is sandwich attacks with an example and mathematical view so you can understand crypto market manipulation. Sandwich attacks are not new, Vitalik already talked about them in the context of Uniswap in 2018. Let's try to understand what sandwich attack is in simple terms.What is a Sandwich attack?A victim transaction trades a crypto-currency asset X (ex: ETH, DAI, SAI, VERI) to another crypto-asset Y and makes a large purchase. A bot sniffs ou...
