Miner Extractable Value (MEV) refers to the profit that miners can earn by leveraging their position in the block creation process. Since miners decide the order of transactions included in a block, they can exploit this control to extract additional value beyond the standard block rewards and transaction fees.For instance, a miner might reorder transactions to benefit from arbitrage opportunities or include certain transactions while excluding others, impacting the price of tokens. This behavior can occur in various forms, such as front-running, back-running, or liquidating positions to realize profit.MEV can lead to issues like increased transaction costs and reduced fairness within the network, as it often benefits miners at the expense of regular users. To counteract MEV exploitation, some projects are exploring solutions like fair transaction ordering and priority gas auctions, which aim to create a more transparent and equitable environment for all participants.