Timing Games

Networks:
Ethereum Mainnet
Time range:
Start 2026-01-13T00:00:00Z
End 2026-01-20T23:59:59Z
timing-games mev block-timing validators
Published January 20, 2026 at 02:11 AM UTC

Question

Which entities delay their blocks to extract more MEV?

Background

Some validators delay their block proposals to squeeze out more MEV. This analysis looks at the past week to see who's doing it.

How we score timing behavior

We calculate a timing game score (z-score) for each entity based on their median block arrival time:

  • Conservative (z < 0): Blocks arrive faster than average
  • Neutral (0 ≤ z ≤ 2): Normal timing
  • Suspect (z > 2): Blocks consistently arrive late, ~2 standard deviations above the mean

Investigation

Classification Breakdown

Conservative

297

Neutral

138

Suspect

18
No Results

Head Votes vs Blob Count

Late blocks with blobs get punished harder. The more blobs, the fewer head votes when you're late.

View Query: timing_games_head_vote_impact
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No Results

Score Distribution

View Query: timing_games_score_distribution
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Timing Scores by Entity

Sorted by score (most suspect at top). Only showing entities with enough blocks to matter.

Conservative (z < 0) Neutral (0 ≤ z < 2) Suspect (z ≥ 2)
revolut
2.72
kelp
2.40
mercado_bitcoin
1.54
whale_0xad1d
1.49
p2porg_lido
1.39
stakefish
1.31
myetherwallet
1.29
blockdaemon
1.21
liquid_collective
0.95
twinstake
0.92
whale_0x16bf
0.62
senseinode_lido
0.58
whale_0xa431
0.55
darma_capital
0.49
rockawayx_lido
0.47
upbit
0.14
whale_0x6061
0.10
allnodes_lido
0.08
xhash
0.07
staked.us
0.05
whale_0x0c2f
0.05
gate.io
0.03
stakehound
0.03
rocklogicgmbh_lido
0.03
whale_0x1435
0.02
whale_0x9f1d
0.02
nodeset
-0.03
lido
-0.05
rocketpool
-0.07
stakely_lido
-0.08
solo_stakers
-0.08
okex
-0.09
numic_lido
-0.12
rockx_lido
-0.17
hashquark_lido
-0.17
chainsafe_lido
-0.17
whale_0x27d7
-0.20
binance
-0.21
swell
-0.21
csm_operator304_lido
-0.22
prysmaticlabs_lido
-0.23
whale_0x8914
-0.24
infstones_lido
-0.24
whale_0x6395
-0.25
simplystaking_lido
-0.26
figment_lido
-0.27
hashhub
-0.29
ebunker_lido
-0.30
whale_0xfd67
-0.33
kukisglobal_lido
-0.34
bitfinex
-0.35
frax_finance
-0.35
whale_0xcd56
-0.35
bitcoinsuisse
-0.37
chainlayer_lido
-0.39
kucoin
-0.39
chorusone_lido
-0.70
everstake_lido
-0.71
whale_0xe43c
-1.90
whale_0x24d6
-1.92
-3 0 5

Top Suspects (z > 2)

These entities consistently propose late. Min 10 blocks required.

View Query: timing_games_top_suspects
No Results

All Entities

View Query: timing_games_entity_timing_analysis
No Results

Takeaways

  • Entities classified as "Suspect" (z > 2) consistently propose blocks later than average, likely to extract more MEV
  • Late blocks with blobs are punished harder - the more blobs, the fewer head votes when proposing late
  • The z-score distribution shows most entities cluster around neutral timing, with a tail of late proposers
  • Conservative entities (z < 0) show that fast block propagation is possible - they're not playing timing games