Tracking MEV Fees on Polygon and the Role of Marlin Network

On April 26th, Marlin tweeted that the functionality of the Polygon MEV Dashboard had been updated to track how much additional fees were received by MATIC validators running mev bor, which was built and maintained by Marlin and used for Polygon’s flash bots client. On April 24th, InfStones received an additional fee of 248% from the MEV bundle block. Explore.marlin.org has support for displaying daily arbitrage statistics and other information.

Marlin Announces New Display of Daily Expense Data on Polygon MEV Dashboard

As cryptocurrency use has grown over the past few years, traders have become increasingly interested in taking advantage of the practice of miner-extractable value (MEV), which is the value of potential transactions that can be extracted from new blocks. Polygon, a Layer-2 scaling solution for Ethereum, has become a popular platform for MEV activities. This has led to recent updates to the Polygon MEV Dashboard to track additional fees, among other things. In this article, we will explore MEV and how Marlin Network plays a role in this ecosystem.

Understanding MEV

MEV is a term used to describe the value that can be extracted by miners in a particular crypto-transaction. When a miner is verifying a block transaction, they have access to different transactions’ execution order. Whenever a miner has this access, they can choose to allocate resources before other miners, which can lead to better profits. These profits are the MEV. The concept is simple, but the implications can be enormous, as the amounts involved can be massive.
MEV activities have become incredibly popular, gaining significant momentum in recent years when Ethereum reached an all-time high. It’s also important to note that the rise of crypto-exchanges has made MEV profits more accessible to everyday traders, making it an attractive proposition.

The Role of Polygon and Marlin Network

Polygon is a Layer-2 scaling solution for Ethereum that aims to combine scaling, high throughput, and an accessible ready-to-use ecosystem. It’s a popular platform for MEV activities due to lower transaction fees and increased throughput of transactions compared to mainnet Ethereum. However, MEV activities can be complex and require intricate infrastructure for successful execution. Marlin Network plays an essential role in this ecosystem, providing access to a powerful MEV execution methodology known as mev-bor.
Marlin Network is a decentralized communication infrastructure that enables high-performance network communication in a decentralized setting. Mev-bor is the protocol currently maintained by the Marlin Network designed to allow traders to discover and trade on opportunities that arise between trading pairs without being impacted by network congestion or censored by other miners.

The Recent Update to Polygon’s MEV Dashboard

On April 26th, Marlin tweeted that the functionality of the Polygon MEV Dashboard had been updated to track how much additional fees were received by MATIC validators running mev-bor. The new feature tracks the additional fees that apply to specific transactions and was designed for traders to monitor the network’s most active miners. This is an excellent feature, as it enables traders to gauge where the most activity is happening on the network.
In addition to the new fee tracker, Explore.marlin.org has a support system for displaying daily arbitrage statistics and other information. This information is crucial to traders because it can help them identify high-potential MEV opportunities. With this data, traders can execute MEV-based trades with better accuracy and profitability.

Conclusion

In conclusion, the world of cryptocurrency has evolved to the point that it’s become an accepted form of trade, and MEV activities have become a central part of this ecosystem. With Polygon’s role in the crypto-universe and Marlin Network’s innovative MEV execution methodology, miners and traders can take advantage of financial opportunities not possible in traditional markets. Monitoring MEV activities is important for traders, and the new feature added to the Polygon MEV Dashboard by Marlin Network’s update can help them execute trades more effectively.

FAQs

1. What is MEV?
MEV is the value that can be extracted by miners in a particular crypto-transaction.

2. What is the role of Polygon in the MEV ecosystem?
Polygon is a layer-2 scaling solution for Ethereum that provides lower transaction fees and increased throughput of transactions compared to mainnet Ethereum, making it a popular platform for MEV activities.

3. How does Marlin Network contribute to the MEV ecosystem?
Marlin Network provides access to a powerful MEV execution methodology known as mev-bor, designed to allow traders to discover and trade on opportunities that arise between trading pairs without being impacted by network congestion or censored by other miners.