BNB Chain Records Surge in Sandwich Attacks

BNB CHAIN’s Q1 2024 Financials Soar Over 70% from Previous Quarter

The post BNB Chain Records Surge in Sandwich Attacks appeared first on Coinpedia Fintech News

Last month, the sandwich attacks impacted 35.5% of BNB Chain blocks, setting a record high. Over the past week, 645 sandwich bots targeted approximately 43,400 decentralized exchange (DEX) traders. BNB Chain’s DEX trading volume for the week reached $9.232 million, with bots contributing $1.322 million. Sandwich attacks, a form of front-running, exploit price manipulation to disadvantage traders. Platforms like PancakeSwap are introducing tools like MEV Guard to protect users from malicious actions.

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