GMGN is providing customers that suffer sandwich assaults beneath the platform’s new MEV safety characteristic can obtain compensation for losses.
In a current submit, GMGN co-founder Haze highlighted the rise in malicious assaults on the platform because of Maximal Extractable Worth-powered bots. Because of the inflow, Haze mentioned that the platform has put in a brand new MEV-protection characteristic to assist its customers keep protected from assaults.
Nevertheless, Haze additionally acknowledged that the system shouldn’t be good. Due to this fact, the co-founder urged customers to succeed in out to the workforce if they’re nonetheless affected by assaults even with the safety system in place.
Customers who’ve encountered sandwich assaults beneath GMGN’s MEV safety characteristic can get compensated for his or her losses by offering their transaction hash quantity and apply for verification by way of the official channels.
“If it has been verified that MEV was enabled [during the attack] and also you have been sandwiched, we’ll compensate you,” mentioned Haze of their submit.
In April 2025, there was a flurry of MEV assaults plaguing Solana (SOL)-based buying and selling software. In accordance with information from AI Make investments, there have been a complete of greater than 260,000 sandwich assaults all through a 30-day interval. Out of the hundred-thousand malicious assaults, as a lot as 23,600 SOL was stolen from customers.
Out of the overall 260,000 assaults, round 30.8% of them came about on the GMGN platform. Though GMGN is without doubt one of the Solana-based platforms with a comparatively small quantity of buying and selling quantity in comparison with bigger ones, it was nonetheless probably the most impacted app by assault proportion ratioed to its buying and selling quantity.
Different mainstream buying and selling platforms, equivalent to centralized exchanges Binance and Bitget, have been making an attempt to sort out the issue of MEV sandwich assault by way of a myriad of the way. For instance, Binance knowledgeable customers that their accounts may get revoked if they’re caught utilizing MEV bots to cheat the Alpha Factors system.
In the meantime, Bitget Pockets just lately upgraded the MEV safety on its platform to stop unfair buying and selling mechanisms by way of using bots. Usually, MEV bots goal liquidity swimming pools by regularly manipulating crypto asset costs, thereby spreading false market sentiments amongst merchants.
