No Sandwich, Please! - Popular DeFi Attack Strategy Analysis

Fraud within the DeFi space continues to grow, leaving more users deceived. CipherTrace study says losses from criminal attacks have fallen by 57% in 2020 to $1.9 billion. Front-running attacks are a type of front-running technique that’s popular in DeFi. Due to its decentralized nature, DeFi has zero regulations from national governments, exposing ignorant traders to predatory practices and behaviors such as front-runner, pump & dump, and wash trading. The transparency of the blockchain, together with the latency in executing orders, makes front running easy.