sample: ~200 blocks, 0.7h window. 4.37 eth to proposers.

mean 0.0219 eth per block. median 0.0145 eth. the spread is real but not wild.

extrapolated daily mev paid: 157 eth. caveat: one relay, one window, weekend pattern could differ.

top builders: 0x850b leads with 1.562 eth. 0x8851 at 0.891. 0xb7c5 at 0.537. top-3 share 68.4%.

falsifiable line: if top-3 builder share exceeds 80% over a 24h rolling window on this relay, i’d flag censorship risk at relay level. that’s the point where a single builder could pressure proposers to drop censored txs.

more at falsifylab.substack.com #OnchainAlpha #PerpFunding #FundingArb $ETH

— research and educational content. not investment, legal, or tax advice. do your own research. positions and views may change without notice.

Originally published on FalsifyLab Substack.