GMGN Introduces Compensation for Sandwich Attack Victims
GMGN is now offering compensation to users who fall victim to sandwich attacks despite its new MEV protection feature. In a recent update, GMGN co-founder Haze explained the rise in malicious attacks due to MEV bots.
To combat this, the platform has introduced a new MEV protection system. Though,Haze admits it’s not foolproof. Users experiencing attacks should contact the team for assistance.
Victims can receive compensation by providing their transaction hash and applying through official channels. “If verified that MEV was enabled during the attack, we will compensate you,” Haze stated.
In April 2025, Solana (SOL) trading apps faced over 260,000 sandwich attacks in 30 days. GMGN, despite its smaller trading volume, was hit hardest, with 30.8% of attacks occurring on its platform. These attacks resulted in the theft of 23,600 SOL.
Other platforms like Binance and Bitget are also addressing MEV issues. Binance warns users against using MEV bots, while Bitget Wallet has upgraded its protection. MEV bots manipulate crypto prices in liquidity pools, causing false market trends.
