New oracle system to help DApps retrieve millions lost to MEV

A new oracle system aims to retrieve the additional fees paid by decentralized application (DApp) users to miners called maximal extractable value (MEV). It is the maximum value a miner can extract from moving-around transactions when producing a block on a blockchain network.

“Data from Flashbots suggests that block producers have captured nearly $653 million in MEV. “

From CoinTelegraph

I don’t think big block producers will be happy if OEV becomes commonplace! Certainly a step in the right direction for the everyday man in crypto though.