Skip to content

Binance hacker's sell-off creates arbitrage opportunities, Titan Builder's 24-hour revenue briefly surpasses Tether's.

Oct 31, 10:17

October 31, according to DefiLlama data, Ethereum block builder Titan Builder's revenue surged to $22.83 million in the past 24 hours, surpassing Tether ($16.99 million).

Titan Builder is a neutral block builder on Ethereum, responsible for integrating public transactions, private transaction bundles, and MEV opportunities submitted by searchers, and obtaining block building rights through bidding.

In the Binance attack incident, the attacker massively dumped stolen assets on Ethereum, causing severe price dislocations and creating a large number of arbitrage and MEV opportunities. Titan Builder, leveraging its advantages in searcher order flow and block building algorithms, won the building rights for more high-value blocks, thereby capturing substantial MEV profits and driving its short-term revenue surge.

Source