Jito Labs has decided to suspend the mempool offered through the Jito Block Engine on Solana due to negative externalities impacting users. This decision follows pressure from the Solana Foundation and the occurrence of costly sandwich attacks on traders. The mempool function will go offline, affecting transaction validation software on Solana.
solana MEV tips through the @jito_labs block engine continue to increase after the mempool shutdown and are at the same level from 10 days ago. in addition, the number of bundles continues to increase, breaking 2M for the first time a few days ago. up and to the right https://t.co/YQUWE3l6t3
Jito Labs suspends mempool functionality following increased sandwich attacks on Solana blockchain https://t.co/jHIZJ6zUtp
Solana client Jito Labs axes mempool function following increase in MEV attacks https://t.co/AxF98ac2qq
JITO LABS ABRUPTLY DISABLES MEMPOOL FUNCTIONALITY AMID SANDWICH ATTACKS Jito’s developer announced the sudden shutdown of its mempool functionality on Friday. This decision comes after the feature enabled a series of costly sandwich attacks on traders. Source: CoinDesk https://t.co/o7vTJvkJ96
some final thoughts on the MEV stuff on Solana: - sandwich attacks were extracting too much from users, this is obviously bad and it's good that it is not happening anymore (for now) — I don't think anyone would refute that - jito built this tech through a ton of effort and…
Solana MEV update: Solana client developer @jito_sol announces end of 'Mempool' function after pressure from #Solana Foundation. This is great for us the end user and bullish for Solana. Jito Labs said in a tweet Friday that the mempool function would go offline tonight.… https://t.co/eVPPaYYHTC
Solana MEV update: Solana client developer @jito_sol announces end of 'Mempool' function after pressure from #Solana Foundation. This is great for the end user. Jito Labs said in a tweet Friday that the mempool function would go offline tonight. Mempools are the place where… https://t.co/8zHmMS1AFH
Solana MEV update: Solana client developer @jito_sol announces end of 'Mempool' function after pressure from Solana Foundation. This is great for the end user. Jito Labs said in a tweet Friday that the mempool function would go offline tonight. Mempools are the place where… https://t.co/7wsMaGTMpz
Jito will pull the plug on its Solana client’s mempool function weeks after unbanning trade front-running on the piece of transaction validation software. @realDannyNelson reports https://t.co/eMKy9VoM17
Jito Labs has decided to suspend the mempool offered through the Jito Block Engine due to negative externalities impacting users on Solana. The decision has been made after deliberate conversations with the Jito Labs team and key Solana ecosystem stakeholders.