MEV Bot - Maximal Extractable Value (MEV)

MEVbot

Definition copyright @etherscan

"MAXIMAL EXTRACTABLE VALUE (MEV)

Maximal extractable value (MEV) refers to the maximum value that can be extracted from block production in excess of the standard block reward and gas fees by including, excluding, and changing the order of transactions in a block.

In theory MEV accrues entirely to miners because miners are the only party that can guarantee the execution of a profitable MEV opportunity (at least on the current proof-of-work chain — this will change after The Merge). In practice, however, a large portion of MEV is extracted by independent network participants referred to as "searchers." Searchers run complex algorithms on blockchain data to detect profitable MEV opportunities and have bots to automatically submit those profitable transactions to the network."

Bot capabilities:

Check every WETH pair.

Calculate possible profit

Automatically submit transaction with higher gas fee than target (in order to get tokens first, low price > seek profit, gas fee included in calculation)

Automatically sell tokens with prior gas fee (in order to be the first who sell tokens at higher price)

24/7 trading

Always calculates atleast 3% profit ( including gas price deduction)

Code attached in txt format ( 205kb ) of memory ~2400 code rows