Definition ∞ MEV Management refers to the strategies and protocols employed to control or redistribute Miner Extractable Value (MEV). MEV represents the profit that block producers can gain by reordering, censoring, or inserting transactions within a block. Effective management aims to mitigate these potential gains.
Context ∞ This topic is a significant area of research and development within the blockchain ecosystem, particularly for decentralized finance (DeFi) applications. News often reports on new MEV mitigation techniques or debates surrounding its impact on network fairness and transaction ordering. It addresses a critical economic incentive structure.
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