MEV centralization threatens Ethereum – research

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The maximum extraction value (MEV) in the Ethereum network is becoming more and more centralized, and arbitration is exacerbated by their adhesion in ordering transactions.

According to In the last research document, these arbitrants, called “search engines” in the article, are more and more internal or have exclusive contracts with maximum values builders that are responsible for building blocks in the Ethereum network.

Mev refers to profit that blockchain or other participants can earn, ordering transactions in the block before completing it. In Ethereum MeV, it often includes strategies such as arbitration, ancestors or sandwich attacks, in which traders operate price differences to maximize profits.

The article, entitled “Cex-dex measuring the value and profitability of searching: the darkest of Mev Dark Forest”, checked how the arbitrators operate the price discrepancy between centralized (CEX) and decentralized (Dex) Crypto exchange, smaller users.

Simplified graphic mapping of CEX-DEX arbitration. Source: CEX-DEX measurement has distinguished the value and profitability of the search

“At the time of writing three builders, Beaverbuild, Titan and RSYNC, the Ethereum designer dominates on the market, two of which integrate their own CEX-DEX search engines”-the authors of the article have. They continued:

“Such vertical integration raises important fears about the decentralization and security of Ethereum: it promotes scale economy that strengthen dominant players, enables monopolistic prices that cause loss of proposal and increases susceptibility to censorship and attacks of commitment.”

Scientists came to the conclusion that the centralization of CEX-DEX arbitration under the exclusive contracts with builders exacerbates “centralization pressure” in the Ethereum ecosystem and should be considered when planning the future direction and the growth of the layer network 1.

Decentralization, decentralized exchange
Daily number and weekly volume (in American dollars) Cex-Dex trade August 2023-Marca 2025. Source: CEX-DEX measurement has distinguished the value and profitability of the search

Related: Bros, who deceived Mev bots with his own medicine, must face the trial, says the judge

MEV: The eternal challenge for the Ethereum network

According to Ethereum (PBS) separation, block tests can order blocks of flats to entities called builders. This agreement was made to promote censorship resistance.

However, PBS critics, including the authors of the research article, claim to centralize the network and create unfair market conditions for smaller participants.

In March, a nickname nickname Ethereum Malik672 proposed The fact that the Ethereum blocks building should be democratized, enabling thousands of participants to contribute to the construction and improvement of network decentralization.

“With 80% of blocks currently proposed only by two entities. This threatens decentralization and honesty”, scientists wrote.

Co -founder of Ethereum, Vitalik Buterin, previously suggested to alleviate MEV by building an alternative infrastructure, including cryptocurrency exchange.

Buterin also said that MEV can be minimized by starving MEV arbitration from Onchain data, where they rely on deriving the benefits of convoluted transactions and changing the order of transactions.

Warehouse: The proposed change can save Ethereum from L2 “road map to hell”

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