OEV Network Cuts Arbitrum Auction Times in Half
OEV Network Cuts Arbitrum Auction Times in Half
⚡ OEV cuts auction times
OEV Network is reducing auction lengths on Arbitrum from 30 seconds to 15 seconds, scheduled for Monday, September 8 at 10:00 UTC.
The network has maintained 100% uptime over 9+ months with more than 1,500 auctions completed. The upgrade aims to speed up the auction process while maintaining system reliability.
- Auction time: 30s → 15s
- Target date: Sept 8, 10:00 UTC
- Expected minimal downtime
- Updates via OEV Discord Channel
OEV Network allows MEV searchers to bid for valuable price updates, with auction proceeds returning to the originating dApps.
OEV Network Update After 9+ months of 100% uptime and 1,500+ auctions, we’re speeding things up. 👉 @Arbitrum auction length reduced: 30s → 15s 🗓️ Monday, Sept 8 @ 10:00 UTC We expect minimal downtime & will confirm completion in our OEV Discord Channel.
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