BackRunMe allows users to safely submit private transactions (e.g. protection against frontrunning and sandwich attacks) while allowing searchers to backrun the transaction via MEV to produces additional arbitrage profit. BackRunMe gives a portion of this additional profit back to the user. These backrun transactions, for the most part, do not affect the transaction submitted by the user since it occurs after the transaction is confirmed.
The profits from the backrun transaction are split among the participants in the following manner:
You can use MetaMask directly on backrunme.com to trade on Uniswap or Sushiswap. If you’d like to use MetaMask + BackRunMe anywhere else, configuring MetaMask’s RPC allows you to bring it anywhere on Web3.
To trade on Uniswap V2 or Sushiswap, use the BackRunMe user interface at https://backrunme.com/
Configuring a custom RPC endpoint allows users to take MetaMask + BackRunMe anywhere on Web3.
Open the “Settings” menu and tap on “Networks”. Then tap on “Add Network” on the Networks menu.
2. Fill in the fields as shown, click “Save” and then select the new network (bloXroute Private TX) from the Network List.
Network Name: bloXroute Private TX
New RPC URL: https://metamask-rpc.blxrbdn.com
Chain ID: 1
Currency Symbol (optional): ETH
You’re ready to Submit a Private Transaction with BackRunMe!
This will allow you to avoid frontrunning and allow searchers to backrun you for additional profit.
BackRunMe is being offered for free through mid-June. Afterwards, users will be required to set up an account on bloXroute to purchase private transactions.