crypto.news
2025-07-09 08:05:53

GMGN co-founder promises compensation for victims of MEV attacks under new security measures

GMGN is offering users who suffer sandwich attacks under the platform’s new MEV protection feature can receive compensation for losses. In a recent post , GMGN co-founder Haze highlighted the increase in malicious attacks on the platform due to Maximal Extractable Value-powered bots. Due to the influx, Haze said that the platform has installed a new MEV-protection feature to help its users stay safe from attacks . However, Haze also acknowledged that the system is not perfect. Therefore, the co-founder urged users to reach out to the team if they are still suffering from attacks even with the security system in place. Users who have encountered sandwich attacks under GMGN’s MEV protection feature can get compensated for their losses by providing their transaction hash number and apply for verification through the official channels. “If it has been verified that MEV was enabled [during the attack] and you were sandwiched, we will compensate you,” said Haze in their post. You might also like: Bitget Wallet upgrades MEV Protection after viral $215k MEV bot attack on Uniswap In April 2025, there was a flurry of MEV attacks plaguing Solana ( SOL )-based trading application. According to data from AI Invest, there have been a total of more than 260,000 sandwich attacks throughout a 30-day period. Out of the hundred-thousand malicious attacks, as much as 23,600 SOL was stolen from users. Out of the total 260,000 attacks, around 30.8% of them took place on the GMGN platform. Even though GMGN is one of the Solana-based platforms with a relatively small amount of trading volume compared to larger ones, it was still the most impacted app by attack percentage ratioed to its trading volume. Other mainstream trading platforms, such as centralized exchanges Binance and Bitget, have been trying to tackle the problem of MEV sandwich attack through a myriad of ways. For example, Binance informed users that their accounts could get revoked if they are caught using MEV bots to cheat the Alpha Points system. Meanwhile, Bitget Wallet recently upgraded the MEV protection on its platform to prevent unfair trading mechanisms through the use of bots. Typically, MEV bots target liquidity pools by frequently manipulating crypto asset prices, thereby spreading false market sentiments among traders. You might also like: Binance claps back against traders using bots to cheat the Alpha Points program

获取加密通讯
阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约