Blocknative

Research

Explore research that leverages Blocknative's Mempool Data Archive

Improving EIP-4844 blob pricing with proportional control
blogs

✍️ BK on HackMD

We will show equivalence between the EIP-4844 fee mechanism and PID control and then explore improving the EIP-4844 fee mechanism.

April 22, 2024
MEV Supply Chain: Trust but Verify
blogs

✍️ Uniswap Labs on Uniswap Blog

Private mempools promise MEV protection. But without access to private data, how can we be sure they’re protecting users? Our research proposes a new method using onchain data to verify private mempools aren’t taking advantage of users.

December 12, 2023
The Costs of Swapping on the Uniswap Protocol
papers

✍️ Uniswap Labs on Arxiv

We present the first in-depth empirical characterization of the costs of trading on a decentralized exchange (DEX). Using quoted prices from the Uniswap Labs interface for two pools — USDC-ETH (5bps) and PEPE-ETH (30bps) — we evaluate the efficiency of trading on DEXs.

September 26, 2023

“ I compared both datasets on the same day, hopefully it can make it a bit easier to navigate. ”

Tweeted October 19, 2023
Quick notes on Blocknative vs Mempool Dumpster data initiatives
blogs

✍️ Thomas Thiery on HackMD

Blocknative (BN) Mempool Data Program and Flashbots Mempool Dumpster (MD) are two recent initiatives aimed at open-sourcing Ethereum mempool data. In this short report, we analyze and compare both datasets to highlight their key differences and foster data initiatives within the community.

October 19, 2023

“ The data for the chart was outlier-corrected mainly to account for txs laying in the mempool for hours/days, not being able to pay for the basefee, or for other any reasons. The mempool data used to capture the time delta was collected by @blocknative. ”

F9l9ietWcAA_SCd

Tweeted October 19, 2023
The False Narrative of MEV Protection
blogs

✍️ Blair Marshall on Blocknative

Private transactions have taken off across the Ethereum ecosystem. In the graph below you can see that private transactions have been steadily growing post-Merge from ~5% to nearly 15% of all smart contract interactions today, with a large jump around April and May. The reason for many of these private transactions is to protect users from being frontrun by MEV bots that target their transactions in the public mempool.

September 7, 2023
Quick notes on Blocknative vs Mempool Dumpster data initiatives
blogs

✍️ Thomas Thiery on HackMD

Blocknative (BN) Mempool Data Program and Flashbots Mempool Dumpster (MD) are two recent initiatives aimed at open-sourcing Ethereum mempool data. In this short report, we analyze and compare both datasets to highlight their key differences and foster data initiatives within the community.

October 19, 2023

“ Most people understand there are trust relationships while using OFAs and private endpoints, but what does this look like in the presence of a vertically integrated builder? ”

Tweeted November 14, 2023
Ethereum Mempool Dashboard
blogs

✍️ Toni Wahrstätter on mempool.pics

The mempool, also known as the txpool, is essentially a collection of pending transactions that each Ethereum node maintains locally. Unlike a single, universal mempool containing all unconfirmed transactions, each node has its own unique set of pending transactions.

December 18, 2023

“ The very top of a block (ToB) is the most competitive place for transaction inclusion. Searchers compete to get their bundles in as early as possible. ”

nero1

Tweeted October 30, 2023

“ Private Orderflow by transaction type and user/searcher.MEV consists of Arbs, Front- and Backrunning, Sandwiches and Liquidation (categorized using zeromev API).Mempool data used was collected by @blocknative. ”

jared

Tweeted October 29, 2023

“ Private Order Flow Sankey. Private OF txs bypass the public mempool, going directly from the searcher/user to the builder. JaredFromSubway produces the highest number of private OF, sending to every major builder. Except from that, we see a lot of vertical integration. ”

jared

Tweeted October 27, 2023

“ Analyzing the % of private order flow transactions for the past week among the 15 largest block builders, sorted by block count (desc). The "Flashbots Impos..." (Imposter) is a builder that tries to impersonate Flashbots. ”

prv-tx

Tweeted October 19, 2023
Improving EIP-4844 blob pricing with proportional control
blogs

✍️ BK on HackMD

We will show equivalence between the EIP-4844 fee mechanism and PID control and then explore improving the EIP-4844 fee mechanism.

April 22, 2024
MEV Supply Chain: Trust but Verify
blogs

✍️ Uniswap Labs on Uniswap Blog

Private mempools promise MEV protection. But without access to private data, how can we be sure they’re protecting users? Our research proposes a new method using onchain data to verify private mempools aren’t taking advantage of users.

December 12, 2023
Quick notes on Blocknative vs Mempool Dumpster data initiatives
blogs

✍️ Thomas Thiery on HackMD

Blocknative (BN) Mempool Data Program and Flashbots Mempool Dumpster (MD) are two recent initiatives aimed at open-sourcing Ethereum mempool data. In this short report, we analyze and compare both datasets to highlight their key differences and foster data initiatives within the community.

October 19, 2023
The False Narrative of MEV Protection
blogs

✍️ Blair Marshall on Blocknative

Private transactions have taken off across the Ethereum ecosystem. In the graph below you can see that private transactions have been steadily growing post-Merge from ~5% to nearly 15% of all smart contract interactions today, with a large jump around April and May. The reason for many of these private transactions is to protect users from being frontrun by MEV bots that target their transactions in the public mempool.

September 7, 2023
Quick notes on Blocknative vs Mempool Dumpster data initiatives
blogs

✍️ Thomas Thiery on HackMD

Blocknative (BN) Mempool Data Program and Flashbots Mempool Dumpster (MD) are two recent initiatives aimed at open-sourcing Ethereum mempool data. In this short report, we analyze and compare both datasets to highlight their key differences and foster data initiatives within the community.

October 19, 2023
Ethereum Mempool Dashboard
blogs

✍️ Toni Wahrstätter on mempool.pics

The mempool, also known as the txpool, is essentially a collection of pending transactions that each Ethereum node maintains locally. Unlike a single, universal mempool containing all unconfirmed transactions, each node has its own unique set of pending transactions.

December 18, 2023
The Costs of Swapping on the Uniswap Protocol
papers

✍️ Uniswap Labs on Arxiv

We present the first in-depth empirical characterization of the costs of trading on a decentralized exchange (DEX). Using quoted prices from the Uniswap Labs interface for two pools — USDC-ETH (5bps) and PEPE-ETH (30bps) — we evaluate the efficiency of trading on DEXs.

September 26, 2023

“ I compared both datasets on the same day, hopefully it can make it a bit easier to navigate. ”

Tweeted October 19, 2023

“ The data for the chart was outlier-corrected mainly to account for txs laying in the mempool for hours/days, not being able to pay for the basefee, or for other any reasons. The mempool data used to capture the time delta was collected by @blocknative. ”

F9l9ietWcAA_SCd

Tweeted October 19, 2023

“ Most people understand there are trust relationships while using OFAs and private endpoints, but what does this look like in the presence of a vertically integrated builder? ”

Tweeted November 14, 2023

“ The very top of a block (ToB) is the most competitive place for transaction inclusion. Searchers compete to get their bundles in as early as possible. ”

nero1

Tweeted October 30, 2023

“ Private Orderflow by transaction type and user/searcher.MEV consists of Arbs, Front- and Backrunning, Sandwiches and Liquidation (categorized using zeromev API).Mempool data used was collected by @blocknative. ”

jared

Tweeted October 29, 2023

“ Private Order Flow Sankey. Private OF txs bypass the public mempool, going directly from the searcher/user to the builder. JaredFromSubway produces the highest number of private OF, sending to every major builder. Except from that, we see a lot of vertical integration. ”

jared

Tweeted October 27, 2023

“ Analyzing the % of private order flow transactions for the past week among the 15 largest block builders, sorted by block count (desc). The "Flashbots Impos..." (Imposter) is a builder that tries to impersonate Flashbots. ”

prv-tx

Tweeted October 19, 2023

What others are

saying

post-chain-splaining-instagram
Dan Elitzer
@delitzer

If you’re a builder or user of DeFi protocols and you aren’t paying attention to the mempool, you’re flying blind.

post-chain-splaining-instagram
Dan Elitzer
@delitzer

If you’re a builder or user of DeFi protocols and you aren’t paying attention to the mempool, you’re flying blind.

post-chain-splaining-instagram
Dan Elitzer
@delitzer

If you’re a builder or user of DeFi protocols and you aren’t paying attention to the mempool, you’re flying blind.

post-chain-splaining-instagram
Dan Elitzer
@delitzer

If you’re a builder or user of DeFi protocols and you aren’t paying attention to the mempool, you’re flying blind.

post-chain-splaining-instagram
Dan Elitzer
@delitzer

If you’re a builder or user of DeFi protocols and you aren’t paying attention to the mempool, you’re flying blind.

post-chain-splaining-instagram
Dan Elitzer
@delitzer

If you’re a builder or user of DeFi protocols and you aren’t paying attention to the mempool, you’re flying blind.

post-chain-splaining-instagram
Dan Elitzer
@delitzer

If you’re a builder or user of DeFi protocols and you aren’t paying attention to the mempool, you’re flying blind.

post-chain-splaining-instagram
Dan Elitzer
@delitzer

If you’re a builder or user of DeFi protocols and you aren’t paying attention to the mempool, you’re flying blind.

post-chain-splaining-instagram
Dan Elitzer
@delitzer

If you’re a builder or user of DeFi protocols and you aren’t paying attention to the mempool, you’re flying blind.

post-chain-splaining-instagram
Dan Elitzer
@delitzer

If you’re a builder or user of DeFi protocols and you aren’t paying attention to the mempool, you’re flying blind.

post-chain-splaining-instagram
Dan Elitzer
@delitzer

If you’re a builder or user of DeFi protocols and you aren’t paying attention to the mempool, you’re flying blind.

post-chain-splaining-instagram
Dan Elitzer
@delitzer

If you’re a builder or user of DeFi protocols and you aren’t paying attention to the mempool, you’re flying blind.



Have a resource to add? Share with us!



Want to go Looking for access to the Blocknative Historical Mempool Archive? Go here!

Connect with us. Build with us.

We love to connect with teams who are building with Blocknative. Tell us about your team and what you would like to learn. We will connect you with the right team member.

"Blocknative introducing a new way to get gas price estimation, using block prediciton instead of time estimates. Great idea."

Smiles Davis Compound, VP of Product

Schedule a demo