EigenPhiThe Arbitrageur Who Beats Everyone Else in an Hour
AbstractAt block number 23545404 (Dec-02–2022 12:43:18 AM +UTC) on BSC, an attacker successfully packaged a transaction on-chain targeting the liquid staking protocol Ankr’s Deployer contract, in which the reward-bearing token aBNBc was suddenly minted at an amount of 10 trillion and transferred to the attacker’s address 0xf3a4. In subsequent transactions, the attackers minted another 50 trillion aBNBc and exchanged only a tiny percent of these printed tokens into blue-chip ones worth $5.656 ...
EigenPhiIt’s Time to Inspect the Sandwich Spillover on BSC Chain, the Paradise for Frontrunners.
Another unicorn of web3 has shown itself this morning. The Block reported that Flashbots seeks up to $50 million at a billion-dollar valuation. It is definitely well-deserved due to its contribution to Ethereum. The existence and popularity of Flashbots Auction bring fierce competition to Sandwich searchers, thus crushing the profit of Sandwich chefs for a long time. Our data shows that, in the past 30 days, 82.5K sandwich MEVs created $845.5K profit out of a cost of $4.7M. The overall ROI is...
EigenPhiMEV’s Impact on Uniswap
MEV (Maximal Extractable Value) has already become a central topic in 2022, not very long since the original notion was proposed. MEV is also regarded as permissionless incentives in blockchains, extractable on a first-come basis. However, the attractive wealth opportunities in the dark forest are also hard-to-discover and require specialized capabilities. These facts raise concerns about public issues within Ethereum’s ecosystem, from the block congestion problem caused by Priority Gas Aucti...
By discovering the wisdom of DeFi, EigenPhi is here to unveil structures, uncover behaviours, and unmask associations.
EigenPhiThe Arbitrageur Who Beats Everyone Else in an Hour
AbstractAt block number 23545404 (Dec-02–2022 12:43:18 AM +UTC) on BSC, an attacker successfully packaged a transaction on-chain targeting the liquid staking protocol Ankr’s Deployer contract, in which the reward-bearing token aBNBc was suddenly minted at an amount of 10 trillion and transferred to the attacker’s address 0xf3a4. In subsequent transactions, the attackers minted another 50 trillion aBNBc and exchanged only a tiny percent of these printed tokens into blue-chip ones worth $5.656 ...
EigenPhiIt’s Time to Inspect the Sandwich Spillover on BSC Chain, the Paradise for Frontrunners.
Another unicorn of web3 has shown itself this morning. The Block reported that Flashbots seeks up to $50 million at a billion-dollar valuation. It is definitely well-deserved due to its contribution to Ethereum. The existence and popularity of Flashbots Auction bring fierce competition to Sandwich searchers, thus crushing the profit of Sandwich chefs for a long time. Our data shows that, in the past 30 days, 82.5K sandwich MEVs created $845.5K profit out of a cost of $4.7M. The overall ROI is...
EigenPhiMEV’s Impact on Uniswap
MEV (Maximal Extractable Value) has already become a central topic in 2022, not very long since the original notion was proposed. MEV is also regarded as permissionless incentives in blockchains, extractable on a first-come basis. However, the attractive wealth opportunities in the dark forest are also hard-to-discover and require specialized capabilities. These facts raise concerns about public issues within Ethereum’s ecosystem, from the block congestion problem caused by Priority Gas Aucti...
By discovering the wisdom of DeFi, EigenPhi is here to unveil structures, uncover behaviours, and unmask associations.
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Hi guys, here we go again!
First thing first. We have set up the details of the first AMA(Ask Me Anything) of EigenPhi:
Time: EST 10:30 AM, May 13th, Friday.
Venue: Discord Channel.
Can’t wait to talk to you guys!! And write down in the comment section what you want to hear about us, our products, well, Ask Me Anything!
Let’s move on for a bit of retrospecting.
Yesterday, we showed you our latest EigenPhi Classroom and Arbitrage Scan User Guide. It seems people are excited and curious about our understanding of these MEV ideas and concepts. Here are the top 5 most visited pages in the Classroom:
How about the User Guide? The top 5 pages are:
Today, let’s look at some of the features and data that would make you feel better and more confident when browsing opportunities.
If you want to pull an all-nighter to understand how the alphas have been employing their strategies, a dark theme UI will put your eyes at ease. Now you can do it on https://eigenphi.io/.
If you are using the desktop and laptop, navigate to the upper right corner on any page of our website. Click! You may now easily switch between light and dark modes easy peasy.
If you are using your mobile phone right before bedtime, you can do so in the following ways:
That’s everything! Now you can work around the clock like the crypto market! But we strongly advise against doing so.
After absorbing the necessity of everyday morning’s caffeine, you might want to check on what’s happening during the last 24 hours, including when you’re sleeping. That’s why we compile the daily report of arbitrages happening on both Ethereum and BNB Smart Chain.
Let’s take a look at today’s report, of which the time period is from EST 7 am, May 9th to 7 am, May 10th.
The whole report has three sections:
Ethereum Arbitrage demonstrates the summary of arbitrages happening on Ethereum during the time period.
Ethereum MEV-bot Arbitrage shows you the overview of arbitrages done by MEV-bot on Ethereum.
BSC Arbitrage displays the summary of arbitrages happening on BSC during the 24 hrs.
The calculation methodologies behind each section are the same. Therefore, we will use the first one as an example.
The first part of each section has three donut charts illustrating the subtotal of profit, cost, and revenue of the four arbitrage types: Combination, Spatial, Sandwich, and Triangular.
Here is the profit donut chart:
Each part of the donut chart shows the percentage of the type against the total profit. We can tell that the Combination arbitrage transactions’ profit is 6.7% of the total profit, Spatial 34.2%, Sandwich 26.4%, and Triangular 32.6%. How much precisely is Sandwich arbitrages’ profit? Move the cursor to its part of the donut chart, showing $281,879.
The same applies to the Cost vs. Arbitrage Type donut chart and Revenue vs. Arbitrage Type chart.
Below the donut charts, a table shows all the crucial arbitrage data regarding each arbitrage type at once. Each data cell shows the corresponding data and the percentage against yesterday.
Here are the columns and their meanings.
Type: Arbitrage type
Profit: Subtotal profit of the type.
Cost: Subtotal cost of the type.
Revenue: Subtotal revenue of the type.
ROI: the return on investment of the type. It results from profit dividing cost.
1k Trx Count: The count of this type’s transactions with a profit over 1,000 USD.
MEV-Bot Trx Count: The count of this type’s transactions done by MEV-bot.
Trx Count: The count of this type’s transactions happened during the time period.
There are five rows of data in the table, showing four types and the total of the time period.
Take Sandwich’s cost, for example. It is located in the cell on the 2nd row and the 2nd column. And the amount is $869,664; compared to yesterday’s same time frame, it increased by 153.5%.
We can also check the ROI of Combination: 56.5%, which decreased by 6.7% from yesterday.
If you are a searcher looking for opportunities, it’s almost impossible to filter the profitable liquidity pools and token pairs without a proper guide. That’s why we provide Hot Liquidity Pools and Hot Tokens on https://eigenphi.io/. And we selected the top 3 of the Hot LPs and Hot Tokens and put them into the daily report, both on Ethereum and BSC, based on the trading volume change %.
Click either the token symbols or the address. You will be directed to the token details page and liquidity pool pages for more details to benefit your trade, including other pools having the tokens, arbitrage profit leaderboard, etc.
Alpha transaction happens every day. It’s essential to observe how they get it done, like using which pools to transfer what kind of assets. We choose the top 3 most profitable transactions to show how these top dogs play. Maybe we all can learn something from them.
That’s it for the daily reports. We have generated them daily since the beginning of 2022, which you can examine here. There are two ways to follow the latest daily report from us:
Bookmark this page, and check for the updates after 8:30 EST each morning, rain or shine, every day.
Follow our Twitter, which broadcasts the daily report every day too.
One more thing: if you fancy #DYOR, you might have noticed that we provide all the historical daily report data for download in this public Google Sheet.
You may ask what kind of research can be done with these data. Well, we will make a few and show them to you using another post. Meanwhile, feel free to check the data out and share with us what you can find!
Last but not least, come and join us in our AMA!
Time: 10:30 AM, May 13th.
Venue: Discord Channel.
Follow us via these to dig more hidden wisdom of DeFi:
Hi guys, here we go again!
First thing first. We have set up the details of the first AMA(Ask Me Anything) of EigenPhi:
Time: EST 10:30 AM, May 13th, Friday.
Venue: Discord Channel.
Can’t wait to talk to you guys!! And write down in the comment section what you want to hear about us, our products, well, Ask Me Anything!
Let’s move on for a bit of retrospecting.
Yesterday, we showed you our latest EigenPhi Classroom and Arbitrage Scan User Guide. It seems people are excited and curious about our understanding of these MEV ideas and concepts. Here are the top 5 most visited pages in the Classroom:
How about the User Guide? The top 5 pages are:
Today, let’s look at some of the features and data that would make you feel better and more confident when browsing opportunities.
If you want to pull an all-nighter to understand how the alphas have been employing their strategies, a dark theme UI will put your eyes at ease. Now you can do it on https://eigenphi.io/.
If you are using the desktop and laptop, navigate to the upper right corner on any page of our website. Click! You may now easily switch between light and dark modes easy peasy.
If you are using your mobile phone right before bedtime, you can do so in the following ways:
That’s everything! Now you can work around the clock like the crypto market! But we strongly advise against doing so.
After absorbing the necessity of everyday morning’s caffeine, you might want to check on what’s happening during the last 24 hours, including when you’re sleeping. That’s why we compile the daily report of arbitrages happening on both Ethereum and BNB Smart Chain.
Let’s take a look at today’s report, of which the time period is from EST 7 am, May 9th to 7 am, May 10th.
The whole report has three sections:
Ethereum Arbitrage demonstrates the summary of arbitrages happening on Ethereum during the time period.
Ethereum MEV-bot Arbitrage shows you the overview of arbitrages done by MEV-bot on Ethereum.
BSC Arbitrage displays the summary of arbitrages happening on BSC during the 24 hrs.
The calculation methodologies behind each section are the same. Therefore, we will use the first one as an example.
The first part of each section has three donut charts illustrating the subtotal of profit, cost, and revenue of the four arbitrage types: Combination, Spatial, Sandwich, and Triangular.
Here is the profit donut chart:
Each part of the donut chart shows the percentage of the type against the total profit. We can tell that the Combination arbitrage transactions’ profit is 6.7% of the total profit, Spatial 34.2%, Sandwich 26.4%, and Triangular 32.6%. How much precisely is Sandwich arbitrages’ profit? Move the cursor to its part of the donut chart, showing $281,879.
The same applies to the Cost vs. Arbitrage Type donut chart and Revenue vs. Arbitrage Type chart.
Below the donut charts, a table shows all the crucial arbitrage data regarding each arbitrage type at once. Each data cell shows the corresponding data and the percentage against yesterday.
Here are the columns and their meanings.
Type: Arbitrage type
Profit: Subtotal profit of the type.
Cost: Subtotal cost of the type.
Revenue: Subtotal revenue of the type.
ROI: the return on investment of the type. It results from profit dividing cost.
1k Trx Count: The count of this type’s transactions with a profit over 1,000 USD.
MEV-Bot Trx Count: The count of this type’s transactions done by MEV-bot.
Trx Count: The count of this type’s transactions happened during the time period.
There are five rows of data in the table, showing four types and the total of the time period.
Take Sandwich’s cost, for example. It is located in the cell on the 2nd row and the 2nd column. And the amount is $869,664; compared to yesterday’s same time frame, it increased by 153.5%.
We can also check the ROI of Combination: 56.5%, which decreased by 6.7% from yesterday.
If you are a searcher looking for opportunities, it’s almost impossible to filter the profitable liquidity pools and token pairs without a proper guide. That’s why we provide Hot Liquidity Pools and Hot Tokens on https://eigenphi.io/. And we selected the top 3 of the Hot LPs and Hot Tokens and put them into the daily report, both on Ethereum and BSC, based on the trading volume change %.
Click either the token symbols or the address. You will be directed to the token details page and liquidity pool pages for more details to benefit your trade, including other pools having the tokens, arbitrage profit leaderboard, etc.
Alpha transaction happens every day. It’s essential to observe how they get it done, like using which pools to transfer what kind of assets. We choose the top 3 most profitable transactions to show how these top dogs play. Maybe we all can learn something from them.
That’s it for the daily reports. We have generated them daily since the beginning of 2022, which you can examine here. There are two ways to follow the latest daily report from us:
Bookmark this page, and check for the updates after 8:30 EST each morning, rain or shine, every day.
Follow our Twitter, which broadcasts the daily report every day too.
One more thing: if you fancy #DYOR, you might have noticed that we provide all the historical daily report data for download in this public Google Sheet.
You may ask what kind of research can be done with these data. Well, we will make a few and show them to you using another post. Meanwhile, feel free to check the data out and share with us what you can find!
Last but not least, come and join us in our AMA!
Time: 10:30 AM, May 13th.
Venue: Discord Channel.
Follow us via these to dig more hidden wisdom of DeFi:
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