Sui price

Is MEV necessarily a bad thing? MEV is often considered an "attack" that can cause significant harm to those using the chain. Because of this, Sui has marketed itself by highlighting that MEV is nearly impossible, as mentioned in quotes. Users of @MMTFinance indeed have less concern about being exposed to MEV attacks. However, there are advantages to MEV as well. 1. It brings market efficiency to the chain. The majority of MEV bots are involved in "arbitrage." Large chains like Ethereum and Solana have various DEXs and LP pools, and if someone makes a large transaction on one side, a price difference occurs with other pools. However, most of the time, this price difference is already adjusted before it even happens, and that is precisely due to MEV. Even if a transaction occurs that sells a large amount of Ethereum on one side, an arbitrage transaction enters the block as MEV, stabilizing the price difference immediately. If there were no MEV at this time, it could become problematic. If 1 Ethereum is $4500 on Uniswap and $4600 on Sushiswap, it is certain that the next block will explode with bot transactions trying to take advantage of this arbitrage. MEV thus brings market efficiency and stability to the chain by processing opportunities and arbitrage within a single block. 2. Increased network revenue MEV significantly enhances the profitability of block producers. As the profitability of validators improves, the pressure from inflation decreases, and the pressure on miners (validators) to sell $ETH for operating costs also diminishes. The increase in network profitability indirectly enhances the security of the chain. MEV is thus a "necessary evil" for the chain. Therefore, in the Ethereum ecosystem, rather than completely blocking MEV, there is a trend towards using private mempools that selectively protect MEV (transactions are encrypted with ZK, used by friends like @brevis_zk..), or sharing MEV profits with users. Even Sui, where MEV is impossible at the chain level, seems to recognize that some degree of MEV is necessary for market efficiency and is trying to solve this with intent-solvers. Summary - MEV can be problematic as it can attack user transactions and harm assets. - However, MEV is considered a necessary evil as it brings market efficiency and increases network revenue. - There are directions towards allowing users to selectively protect MEV or share MEV profits with users.