Eden Network, a protocol that focuses on minimizing the negative externalities of maximum extractable value or MEV, announced Wednesday that it is officially winding down its services.
With the announcement, the network’s core products, including Eden RPC, Eden Bundles, Mempool Stream and Tx Explain, became no longer operational.
Eden Network launched in 2021 to provide Ethereum miners with an extra revenue stream by optimizing Maximal Extractable Value (MEV) through transaction prioritization.
After Ethereum’s Merge in September 2022, it gained brief prominence as an MEV-Boost relay operator, supporting validators in the proof-of-stake system to enhance transaction efficiency and fairness in the DeFi ecosystem.
However, Eden said the relay and block building space quickly became a fiercely competitive and costly environment, ultimately making it profitable for only a handful of operators.
“Despite early momentum and success, Eden was unable to maintain its position in the more mature MEV landscape,” Eden said. “After careful consideration and consultation with community members, a difficult decision has been made to retire Eden Network.”
Token retirement
Eden said it will distribute its entire treasury of 2,000 ETH to EDEN token holders as part of a token retirement program.
The distribution, only available to non-U.S. residents, is scheduled to last until Sept. 30, with a fixed distribution rate of 0.00001506 ETH per one EDEN token.
“Only the current circulating supply of ~132,800,000 EDEN is eligible for the retirement program,” the announcement noted. “All tokens currently held in the treasury and all unvested core contributor tokens have been burned.”
© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Trade Crypto On Coinhub Exchange
Trade Crypto On Coinhub Exchange
Stay ahead of the market by turning news insights into trading opportunities. With Coinhub Exchange, you can seamlessly buy, sell, and manage your digital assets, all in one secure platform. Take advantage of real-time market insights, deep liquidity, and fast execution for your favorite cryptocurrencies. Don’t just read about it — trade crypto now!
Disclaimer
The content of this article shown by Coinhub News, powered by The Block, is for informational purposes only and should not be construed as financial, legal, tax, or investment advice. Coinhub News and its affiliates are not a licensed financial advisor, legal advisor, broker, or tax advisor, and ... should not be considered as professional advice or a recommendation to engage in any specific investment, legal decision, or financial transaction. Cryptocurrency markets are highly speculative and volatile. Readers should perform their own independent research and consult with a qualified professional before making any financial or legal decisions. The opinions expressed in this article are those of the author and do not necessarily represent the views or opinions of the Company of its affiliates. Additionally, the Company does not make any representations or warranties regarding the accuracy, timeliness, reliability, or completeness of any information in this article. By accessing this content, you acknowledge that any reliance on the information contained in this article is solely at your own risk. The Company is not responsible for any financial losses, legal disputes, or other damages that may arise from reliance on this content or from any investment or legal decisions based on the information provided. Investing in cryptocurrencies involves substantial risks, including the risk of losing your entire investment, and you should carefully consider whether it is appropriate for your circumstances.
Read more
