The expansion of decentralized finance has turned the right to sequence transactions from a hidden variable in blockchain’s underlying mechanisms into a core force shaping market efficiency, user experience, and infrastructure evolution. This course centers around MEV (Maximal Extractable Value) to systematically analyze how the complete value chain—from transaction ordering, arbitrage, and liquidation to block construction and PBS architecture—is formed. It will help you understand why today's on-chain markets are no longer first-come-first-served, but rather a competitive environment driven by strategy, data, and sequencing engineering. Through real-world ecosystem structures and technical logic, this course will guide you through the entire process of how blockchain market behavior is being reshaped.
This course will provide a comprehensive understanding of how MEV (Maximal Extractable Value) has evolved from a niche on-chain phenomenon into a core force reshaping blockchain market structures. The content spans the conceptual nature of MEV, its value-capture logic, strategy ecosystems, sequencing markets, the interaction mechanisms between searchers and block builders, and how the emergence of next-generation infrastructure like PBS (Proposer-Builder Separation) is altering on-chain value flows. The course emphasizes the integration of technical mechanisms and economic motivations, while also focusing on the impact of MEV on user experience, market fairness, and systemic risks. It will help you build a systematic and structured understanding of the complex on-chain competitive landscape. From trading strategies to underlying architecture, from ecosystem roles to future trends, this course explores how MEV is driving on-chain finance into a new era shaped by algorithms, sequencing rights, and incentive mechanisms.
