Log in/ Sign up

About MEV

MEVerse is the most Optimum Blockchain Metaverse Platform founded by Kyle Son, chairman of ME2ON Group and Henry Hong, CEO of MEVerselabs. The joy of watching, feeling, and relating together is the core value of MEVerse and MEVerse provides a myriad of social, economic, and cultural content that can be watched, felt, and enjoyed based on the Layer-1 MEVerse mainnet technology. The blockchain protocol in the MEVerse platform is the key to verifying data validity, securing information transparency, and imbuing digital assets with scarcity through proof of ownership. The MEVerse mainnet, our independently-developed blockchain protocol, boasts outstanding blockchain performance and reliability for sustainable operation through technological innovations such as PoF (Proof of Formulation), Block Redesign, LEVEL Tree Validation, and Parallel Sharding. Our customized multi-chain structure provides an easy DApp development environment as well as a fast and convenient user environment.

MEVerse (MEV) is a cryptocurrency launched in 2022. MEV has a current supply of 2.00Bn with 1.73Bn in circulation. The last known price of MEV is 0.00374209877 USD and is -0.000191394272 over the last 24 hours. It is currently trading on active market(s) with $173,276.33 traded over the last 24 hours. More information can be found at https://www.meverse.sg/.

Official Website

Social Media

MEV Price Statistics
MEV’s Price Today
24h Price Change
-$0.0001913942724.87%
24h Volume
$173,276.3340.10%
24h Low / 24h High
$0 / $0
Volume / Market Cap
0.026817663482
Market Dominance
0.00%
Market Rank
#1481
MEV Market Cap
Market Cap
$6.46M
Fully Diluted Market Cap
$7.48M
MEV Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
MEV Supply
Circulating Supply
1.73Bn
Total Supply
2.00Bn
Max Supply
0
Updated Dec 29, 2024 4:06 am
image
MEV
MEVerse
$0.00374209877
$0.000191394272(-4.87%)
Mkt Cap $6.46M
There's nothing here for now
Solana MEV Startup Jito Labs Suspends Mempool Functionality Amid Sandwich Attacks
Solana MEV Startup Jito Labs Suspends Mempool Functionality Amid Sandwich Attacks
According to Blockworks, Solana MEV startup Jito Labs announced on Friday that it will suspend mempool functionality offered by the Jito Block Engine due to an increased amount of sandwich attacks on the Solana blockchain. MEV sandwich attacks occur when MEV searchers profit from an asset’s price volatility. The searcher jumps ahead of a large purchase order that they know will raise the asset’s price and then sells it immediately following a victim’s purchase, profiting from the user’s swap. Jito Labs’ decision to pause was made after deliberate conversations with the Jito Labs team and key Solana ecosystem stakeholders. The move was met with mixed responses from industry participants. On Ethereum, validators create blocks by collecting transactions from a mempool, a staging area before a block is constructed and confirmed on-chain. Validators can earn additional revenue, referred to as maximum extractable value (MEV), often at the expense of retail traders, based on how these transactions are ordered in the block. Mempools are built into Ethereum by design, but this is not the case for Solana, where the block processor is known ahead of time. To allow validators to capture MEV on Solana, startups like Jito Labs created infrastructure to introduce mempool functionalities. Blockworks research analyst Dan Smith noted that MEV had been the entire growth story for JTO, implying that by suspending mempool functionality, it could struggle to drive value to JTO token holders. Jito’s native token (JTO) serves two main functions: community members participating in governance and holders earning MEV rewards. These rewards are earned through MEV generated and redistributed by the Jito protocol. According to CoinGecko, JTO is trading at $2.72 at the time of this writing, down 1.6% over the past week. Blockworks research analyst Ren Yu Kong said that one party potentially benefiting from this decision is Telegram bot users, who frequently set a high slippage amount to get their swap through but then experience the maximum slippage due to them getting sandwiched. With the removal of Jito’s mempool, this is much less likely to occur. However, Kong notes that without Jito’s mempool, searchers and arbitragers are likely to be incentivized to spam the network, resulting in failed transactions and wasted validator resources. Jito did not respond to Blockworks request for comment before publish time.
Mar 12, 2024 2:33 am
planet morning news
planet morning news
1. 4.5% of the AEVO supply will be used for Binance new currency mining, and 3% will be used for community airdrops; 2. MicroStrategy plans to expand the issuance of convertible senior notes to US$700 million; 3. Federal Reserve Chairman: Interest rates may be appropriately cut at some point this year; 4. LVMH, the luxury goods giant with Ethereum’s market value, rose to 21st in the global asset rankings; 5. Telegram CEO: Telegram Business function has been launched, which can convert personal accounts into business accounts; 6. Aave initiated a proposal to provide 500,000 GHO funds to the Liquidity Committee to enhance GHO liquidity; 7. Injective announced that it will integrate with Ethena to promote access to USDe for the IBC community; 8. Uniswap Extension plans to have built-in MEV protection to prevent sandwich attacks; 9. Wormhole launches an airdrop inquiry website, and 6.17% of token W will be used for this airdrop; 10. BlockFi reached an $874.5 million settlement agreement with FTX and Alameda Estates, which has yet to be signed by the judge; 11. The Saga Community Creation Drop has been launched, and 60 million SAGA will be distributed to eligible addresses; 12. Wormhole airdrop details: Mad Lads, Yoots NFT holders, Monad community, etc. are eligible for airdrops; 13. The Uniswap community has initially passed the activation of the Uniswap protocol governance proposal and will soon start on-chain voting; 14. ARK Invest reduced its holdings of Coinbase shares by more than $48 million yesterday; 15. Sorare cuts 13% of its workforce and moves part of the team to Paris; 16. MicroStrategy founder: Spot Bitcoin ETF is competing with the S&P 500 Index and will surpass gold ETFs in the future; 17. CFTC Chairman: Bitcoin is a commodity, and the U.S. Congress needs to legislate to resolve the issue of encryption jurisdiction.
Mar 07, 2024 9:46 am

Frequently Asked Questions

  • What is the all-time high price of MEVerse (MEV)?

    The all-time high of MEV was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of MEVerse (MEV) is 0. The current price of MEV is down 0% from its all-time high.

    Read More
  • How much MEVerse (MEV) is there in circulation?

    As of , there is currently 1.73Bn MEV in circulation. MEV has a maximum supply of 0.

    Read More
  • What is the market cap of MEVerse (MEV)?

    The current market cap of MEV is 6.46M. It is calculated by multiplying the current supply of MEV by its real-time market price of 0.00374209877.

    Read More
  • What is the all-time low price of MEVerse (MEV)?

    The all-time low of MEV was 0 , from which the coin is now up 0%. The all-time low price of MEVerse (MEV) is 0. The current price of MEV is up 0% from its all-time low.

    Read More
  • Is MEVerse (MEV) a good investment?

    MEVerse (MEV) has a market capitalization of $6.46M and is ranked #1481 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze MEVerse (MEV) price trends and patterns to find the best time to purchase MEV.

    Read More