The NFT MEV Landscape

The article argues that NFT markets differ structurally from fungible-token markets, so MEV in NFTs takes different forms: fewer arbitrage opportunities and more value extracted during mints. It identifies NFT-specific MEV such as sweeping floors into bid walls, trait sniping, and extraction from inactive listings. It also points to infrastructure ideas, including MEV-aware minting solutions, enhanced pricing data, and bargaining mechanisms to reduce illiquidity risk.