TLDR Crypto · INNOVATION & LAUNCHES

EARN SOL FOR YOUR TRANSACTIONS WITH HELIUS

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Summary from the TLDR Crypto newsletter

Helius has launched a SOL rebate system that allows users to earn 50% of the MEV (Maximum Extractable Value) generated by their transactions through post-trade backrunning opportunities. Users can opt-in by simply adding a "rebate-address" parameter to their RPC calls, after which their transactions enter a private auction where vetted, KYC'd searchers bid to backrun trades that create arbitrage opportunities. The system ensures user transactions execute first in bundles before any searcher activity, and rebates are paid automatically in SOL within the same block as execution. This is a novel approach to MEV sharing that allows users to monetize the price inefficiencies their trades create across decentralized exchanges, rather than having this value captured entirely by searchers and validators.