The MEV protocol Eden Network has announced its closure. The project team attributed this decision to intense competition in the sector and high operational costs.
Archer DAO was launched in 2020 on a mission to create a new revenue stream for Ethereum miners through realizing profits from MEV.
In 2021, as EIP-1559 was enacted and greatly impacted miners’ revenue potential, the mission evolved into Eden Network to continue to support… pic.twitter.com/HBzBjL2KQt
— Eden Network (@EdenNetwork) August 12, 2025
Eden emerged in 2021, offering Ethereum miners additional income through MEV optimization. According to the developers, at its peak, the network collaborated with crypto miners accounting for over 50% of the hash rate. Thousands of transactions were processed daily through the project’s RPC.
Following the main network’s transition to PoS, the protocol became one of the MEV-Boost operators, aiding validators in enhancing transaction efficiency. However, over time, the niche became overly competitive, and the costs of maintaining the infrastructure became economically unjustifiable.
“Despite initial success, Eden failed to maintain its position in the more mature MEV environment,” the project team noted.
Key network products such as Eden RPC, Eden Bundles, Mempool Stream, and Tx Explain have already ceased operations.
Token Distribution
As part of the project’s closure, Eden will distribute the remaining 2000 ETH in the treasury to EDEN token holders. Participants in the program, excluding U.S. residents, will receive compensation at a fixed rate of 0.00001506 ETH per 1 EDEN until September 30.
Following the announcement, the price of the protocol’s native coin rose by 66.4% over the past day, according to CoinGecko. At the time of writing, EDEN is trading at $0.06 with a market capitalization of $10.8 million.
Community Reaction
The community’s reaction was mixed. A community member with the nickname Double Mischief positively assessed Eden’s plan to distribute the treasury among EDEN holders.
This retirement program is the noble course of action!
— Double Mischief (@RealSetters) August 12, 2025
“The retirement program is the noble course of action!” he wrote.
Another user, under the pseudonym Goldstengel, suspected Eden of insider trading.
Lol so since June people with the knowledge have been buying up the token and u announce this 2month later.
— Goldstengel (@goldstengel) August 13, 2025
“Lol, so since June people with the knowledge have been buying up the token and you announce this two months later?” he noted.
Back in June, experts highlighted the threat of MEV to network scaling.