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...
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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Long time no see, guys!
With so much going on right now, we simply wanted to share a few small updates that we’ve been working on to bring EigenPhi closer to the community and make it the best MEV data service you can imagine.
OK, let’s begin!
1. We just released EigenPhi Classroom.
Whether you are a searcher or a daily trader, it might take some time to be familiar with EigenPhi’s product. So, to make you feel at ease, we share our explanations of concepts, formulas, glossaries, and even our methodologies behind EigenPhi’s products in this classroom.
Visit the classroom and offer your suggestions on what you’d want to see there. We’ll do everything we can to make them more understandable!
Long time no see, guys!
With so much going on right now, we simply wanted to share a few small updates that we’ve been working on to bring EigenPhi closer to the community and make it the best MEV data service you can imagine.
OK, let’s begin!
1. We just released EigenPhi Classroom.
Whether you are a searcher or a daily trader, it might take some time to be familiar with EigenPhi’s product. So, to make you feel at ease, we share our explanations of concepts, formulas, glossaries, and even our methodologies behind EigenPhi’s products in this classroom.
Visit the classroom and offer your suggestions on what you’d want to see there. We’ll do everything we can to make them more understandable!
2. Along with EigenPhi Classroom, we also released the EigenPhi Arbitrage Scan User Guide.
This user guide focuses on the product, showing you how to use Arbitrage Scan to benefit your daily trading, how to read the strategy of different types of arbitrages, how to interpret the Sandwich recipes, what the hottest tokens and liquidity pools are, and most recently, how to read our latest liquidation module.
3. We published our data sources as the first step of our appreciation to the community.
Since its birth, openness and accessibility have been the hallmark of DeFi to keep the conventional rigged mechanisms at arm’s length. Without the data and projects from the community, EigenPhi would not be here today. The publication of the data source is only the beginning. We’re organizing our arbitrage recognition methodologies, which will be available for everyone to see in the EigenPhi Classroom.
4. MEV.day in Amsterdam. Yes, we were there. Here is the picture of our guy with Vitalik.
And check out the venue used as the co-working space and Hackerthon during the Devconnect Amsterdam. The vibe there was unique! Because people understand what they are doing now is revolutionizing the dysfunctional incumbent financial systems in this ex-commodity exchange since 1903.
We’re putting up a summary of what we learned during MEV.day, which will be posted here. Meanwhile, we strongly advise you to watch the event’s recorded streaming together with the agenda.
5. Last but not least, even if you’ve visited our Classroom and read the User Guide, you may still have questions and want to talk to us. This week, we will be doing our first AMA with you guys via our Discord. So be prepared and leave your questions in the comments section. We will send out the specific timetable later.
Whew, that’s a lot to take in. Don’t worry, and you can always contact us using the channels below. Stay tuned! 😎
Follow us via these to dig more hidden wisdom of DeFi:
2. Along with EigenPhi Classroom, we also released the EigenPhi Arbitrage Scan User Guide.
This user guide focuses on the product, showing you how to use Arbitrage Scan to benefit your daily trading, how to read the strategy of different types of arbitrages, how to interpret the Sandwich recipes, what the hottest tokens and liquidity pools are, and most recently, how to read our latest liquidation module.
3. We published our data sources as the first step of our appreciation to the community.
Since its birth, openness and accessibility have been the hallmark of DeFi to keep the conventional rigged mechanisms at arm’s length. Without the data and projects from the community, EigenPhi would not be here today. The publication of the data source is only the beginning. We’re organizing our arbitrage recognition methodologies, which will be available for everyone to see in the EigenPhi Classroom.
4. MEV.day in Amsterdam. Yes, we were there. Here is the picture of our guy with Vitalik.
And check out the venue used as the co-working space and Hackerthon during the Devconnect Amsterdam. The vibe there was unique! Because people understand what they are doing now is revolutionizing the dysfunctional incumbent financial systems in this ex-commodity exchange since 1903.
We’re putting up a summary of what we learned during MEV.day, which will be posted here. Meanwhile, we strongly advise you to watch the event’s recorded streaming together with the agenda.
5. Last but not least, even if you’ve visited our Classroom and read the User Guide, you may still have questions and want to talk to us. This week, we will be doing our first AMA with you guys via our Discord. So be prepared and leave your questions in the comments section. We will send out the specific timetable later.
Whew, that’s a lot to take in. Don’t worry, and you can always contact us using the channels below. Stay tuned! 😎
Follow us via these to dig more hidden wisdom of DeFi:
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