We have done some basic intro about our report: MEV impact on Curve, eigenphi.io/report/mev-impact-on-crv. Today we'd like to dig more into the data about Liquidity Pools to answer which ones are more likely to be involved in #MEV activities.
twitter.com/EigenPhi/status/1611045014607638528
It's no secret that the biggest pool on @CurveFinance in terms of trading volume: is 3pool. curve.fi/#/ethereum/pools/3pool/deposit
$143.8M daily volume provides tons of opportunities for arbitrage searchers, indicating that the stablecoins have been involved significantly during arbitrages.
This chart from @21Shares on @DuneAnalytics shows the fluctuations among $DAI/$USDC/$USDT, creating arb windows all the time. dune.com/21shares_research/stablecoin-dex-liquidity-and-demand
You can also check out the #3pool's profile on our website showing arbs happening in the last 30 days: eigenphi.io/mev/ethereum/lp/0xbebc44782c7db0a1a60cb6fe97d0b483032ff1c7
Although the DAI/USDC/USDT has the biggest arb volume, the one providing the most arb txs is USDT/WBTC/WETH #curve pool. Take a look at its profile at: eigenphi.io/mev/ethereum/lp/0xd51a44d3fae010294c616388b506acda1bfaae46
You may have noticed that the profile chart above is not that blue; very much green instead. That's because it's also the most favorite pool for š„Ŗ attackers. Yet when switching to the chart of profit, sandwich chefs have not been very productive. eigenphi.io/mev/ethereum/lp/0xd51a44d3fae010294c616388b506acda1bfaae46
We will conclude here about liquidity pools on @CurveFinance.
Of course, you can explore more about the profits of arbitrage and sandwich MEV in the report here: eigenphi.io/report/mev-impact-on-crv
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