GMGN is providing customers who are suffering sandwich assaults underneath the platform’s new MEV safety characteristic can obtain compensation for losses.
In a latest submit, GMGN co-founder Haze highlighted the rise in malicious assaults on the platform as a consequence 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.
Nonetheless, Haze additionally acknowledged that the system shouldn’t be good. Subsequently, the co-founder urged customers to succeed in out to the staff if they’re nonetheless affected by assaults even with the safety system in place.
Customers who’ve encountered sandwich assaults underneath GMGN’s MEV safety characteristic can get compensated for his or her losses by offering their transaction hash quantity and apply for verification by the official channels.
“If it has been verified that MEV was enabled [during the attack] and also you had 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 utility. In line 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 full 260,000 assaults, round 30.8% of them came about on the GMGN platform. Despite the fact that GMGN is among the Solana-based platforms with a comparatively small quantity of buying and selling quantity in comparison with bigger ones, it was nonetheless essentially the most impacted app by assault proportion ratioed to its buying and selling quantity.
Different mainstream buying and selling platforms, comparable to centralized exchanges Binance and Bitget, have been making an attempt to deal with the issue of MEV sandwich assault by 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 lately upgraded the MEV safety on its platform to forestall unfair buying and selling mechanisms by the usage of bots. Sometimes, MEV bots goal liquidity swimming pools by incessantly manipulating crypto asset costs, thereby spreading false market sentiments amongst merchants.