What is Mempool?
The mempool (memory pool) is the waiting area where unconfirmed transactions sit after broadcast but before inclusion in a block — a critical component in transaction ordering, gas pricing, and MEV extraction.
WHY IT MATTERS
When you submit a transaction, it doesn't go directly into a block. It enters the mempool — a network-wide queue of pending transactions that validators draw from when building the next block. Validators typically select transactions with the highest gas prices.
The mempool is public, which creates opportunities and risks. Searchers monitor it for MEV opportunities: front-running profitable trades, sandwiching swaps, and arbitraging price differences. Your pending transaction is visible to everyone.
Mempool dynamics affect user experience: during congestion, low-gas transactions can sit pending for hours. Transaction replacement (bumping gas), nonce management, and private mempools (Flashbots Protect) are tools for managing this.