Inside the Economics of MEV | Matt Cutler
Bell Curve - A podcast by Blockworks
Season 4 | Episode 3 In this episode of Bell Curve, we are joined by Matt Cutler from Blocknative to discuss the economics of MEV. We dive deep into MEV value capture, incentive structures and the relayer monetization debate (p.s. there's a great debate between Matt and Hasu). We also cover order flow auctions, latency wars, account abstraction, user preferences and more! - - Timestamps: (00:00) Intro: Pre-Interview (02:20) Interview Start (02:58) The MEV Supply Chain (06:01) Relays: Their Role and Monetization Debate (34:51) “Rook Ad” (36:44) Learnings From a $25M MEV Exploit (46:36) Wallets, User Preferences and Order Flow Auctions (1:00:59) Account Abstraction and Exclusive Order Flow (1:20:06) Recap: Post-Interview - - Follow Matt: https://twitter.com/mcutler Follow Hasu: https://twitter.com/hasufl Follow Mike: https://twitter.com/MikeIppolito_ Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH - - This episode is brought to you by Rook. Close to a billion dollars has already been taken out of users’ pockets through MEV. Rook built a solution that automatically drives this value back to where it belongs: with the users and applications that create it. If you use on-chain products, tell your wallet, favorite app and go-to node provider to use Rook; if you're a developer, message us today to find out how to integrate Rook with your product. Follow Rook on Twitter and them a message at https://twitter.com/Rook. - - Resources: $25M MEV Exploit https://blockworks.co/news/validator-frontruns-mev-bots Blocknative https://www.blocknative.com/ https://twitter.com/blocknative - - Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.