How Arbitrum’s New Ordering Mechanism Creates More Opportunities for Traders & DeFi Primitives
Blockchains lack native CRON jobs or automated triggers, so when market conditions change, like when a token price moves on one exchange and not another, DeFi’s stability relies on having economic incentive for balancing DeFi products.
That work is MEV: arbitrage, liquidations, backrunning, etc. Without it, tokens would trade