Once again, @0xSifu became the victim of the #fronttun attack. This time, it's the address connected directly to himself.
0x5DD596C901987A2b28C38A9C1DfBf86fFFc15d77
However, this time, he was deprived of only $1.6K while swapping $1.9M $DAI for $USDT. The #MEV 🤖 made $1,428.02 using ( $USDT , $DAI , $USDC , $WETH ). eigenphi.io/ethereum/tx/0x…
#2
But #0xSifu had been squeezed hard during the last few months. Since May 4th this year, he has become the recipe of 🥪 11 times. The total loss reached $25K, among which the biggest loss was on May 18th, while he tried to swap 1436 $WETH for $LUSD.
The #MEV 🤖 which clasped @0xSifu yesterday also had another notable victim: an $ETH ICO participant, or at least he or she has a deep connection to the $ETH ICO participant. After a series of transfers, his swaps still could not escape the claws of the 🤖 .
#5
Here are the 2 🥪 cooked by the same chef attacking 0xsifu:
1️⃣ eigenphi.io/ethereum/tx/0x…
2️⃣ eigenphi.io/ethereum/tx/0x…
We will use another post to examine the details on the attack against the $ETH ICO participant.
#6
But the arb of the day is this one: #MEV profited $12,787.06 with an ROI of 48546.43% from #arbitrage, using 3 Tokens ( $USDC , $HDRN , $HEX ) eigenphi.io/ethereum/tx/0x…
#7
On #BNBChain, a very smart searcher swapped 5 tokens among 6 LPs and profited $12,787.06 with an ROI of 48546.43%, using 3 Tokens ( $USDC , $HDRN , $HEX ) eigenphi.io/ethereum/tx/0x…
#8
Another searcher spent $1.46 and profited $12,787.06 with an ROI of 48546.43% from #arbitrage , using 3 Tokens ( $USDC , $HDRN , $HEX ) eigenphi.io/ethereum/tx/0x…
1/11 Token front-running was common at Coinbase crypto exchange, and Hasu's deleted tweet suggested MakerDao suffered from EMO governance.DeFi Daily Digest 2022-08-18: More Front-Running on Coinbase, and MakerDao's $400M Bank Run. eigenphi.substack.com/p/defi-daily-d…
2/11 Security
1️⃣ A New Study found suspicious trading like insider trading or front-running around 10% to 25% of new crypto listings coindesk.com/business/2022/….
3/11 Market
1️⃣ Coingecko has released a new ‘Tokenomics’ tab that will allow users to quickly see a protocol’s tokenomics .
Here is the tracker docs.google.com/spreadsheets/d….
1/10 Yesterday must have been an awful day for rich token holders, as the top 3 victims of the day are all Token Millionaires.
2/10 The Token Millionaire with $10M in holdings has suffered heavy loss in the last 7 days. It was squeezed for $399,46 in 16 🥪s while losing $18,789 in yesterday's 🥪. eigenphi.io/ethereum/sandw…
3/10 This 🥪 was also the top tx of the day, bringing the 😈 over $5,632 in profits. eigenphi.io/ethereum/tx/0x…
2/6 Here's how the searcher🕵️♂️ made this: 1) The 🕵️♂️ sent 4,700 $WETH from Balancer Vault to a Curve LP 0xd51a (Step 0,1 in the figure) and swapped the money for 6,075,210 $USDT (Step 2).
3/6 2) After receiving the $USDT, the 🕵️♂️ swapped only 6,074,603 $USDT for $USDC in another Curve LP 0xbebc (3,4), remaining 607 $USDT.
3) Then, 6,065,352 from 6,065,959 $USDC was swapped to 5,606 $WETH through Uniwap V2 (5,6), during which the searcher reserved 607 $USDC.
2/9 The 😢 of this 🥪, also the biggest victim of the day, was a Tornado Cash Withdrawer. eigenphi.io/ethereum/sandw…
It lost $11,840 in the attack when swapping 895.95 $WETH for $renBTC.
However, the #MEV 🤖 only earned $4,259, since it paid $7,580 to the DEX and miners 🔨.
3/9 A consequence of the 🥪 was the rise of $renBTC, which became the hottest token yesterday.
Top LP: a $WETH/$renBTC pool. eigenphi.io/ethereum/token…
MEV market is constantly changing. The arb window is usually gone in minutes, even secs. Receiving the latest arb tx can be crucial for searchers. So is big whales' trading creating arb alpha. Don't want to miss these? Follow our 🚨 :
Let's start with the roles involved in the transaction:
• From: an EOA account, 0xffFf14106945bCB267B34711c416AA3085B8865F.
• To: MEV 🤖, 0xEdE2faFBa9e23418485f49f052D0e1d332853E0F.
• 0x1ce9: an EOA account, 0x1ce943e573041463202090cf662490c95585a046.
#2
And protocols:
• @dYdX Solo Margin: a decentralized trading platform.
• 1inch/1inch V4 Router: DeFi exchange aggregator.
• Uniswap V3: a DEX/AMM.
• MakerDAO PSM/DssPsm: Maker's Peg Stability Module.
• Curve Pool: an exchange liquidity pool on Ethereum.