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LABS
Glossary

JIT Attack

A JIT Attack is a sophisticated MEV strategy where an attacker provides and removes liquidity around a victim's trade to capture fees and worsen price impact.
Chainscore © 2026
definition
BLOCKCHAIN SECURITY

What is a JIT Attack?

A JIT (Just-In-Time) Attack is a sophisticated front-running strategy where an attacker manipulates a transaction's position within a block to extract maximum value from a pending trade.

A JIT (Just-In-Time) Attack is a form of Miner Extractable Value (MEV) where a searcher or bot observes a large, pending transaction on a public mempool—typically a swap on a decentralized exchange (DEX) like Uniswap—and calculates that providing the required liquidity for that trade will be profitable. The attacker then front-runs the victim's transaction by submitting their own transaction to supply the needed liquidity into the pool, only to back-run the victim's swap by immediately removing the liquidity, all within the same block. This sequence exploits the victim's trade for the arbitrage profit that would have otherwise gone to general liquidity providers.

The attack's mechanics rely on the atomic composability of transactions within a single Ethereum block. The attacker's wallet must execute three actions in precise order: first, add a large amount of liquidity to the target pool (front-run); second, allow the victim's large swap to execute against this new liquidity, generating significant fees and price impact; third, remove the liquidity, now consisting of a more valuable asset mix (back-run). This is only feasible because the attacker, often a sophisticated MEV bot, can guarantee its bundle of transactions is mined in the correct, contiguous order, typically by paying high priority gas fees to a block builder or relay.

JIT attacks create a paradox for decentralized finance (DeFi). While they can provide liquidity precisely when needed, preventing excessive slippage for the trader, they also centralize liquidity provision in the hands of predatory bots and disincentivize honest, passive LPs. Defenses against JIT attacks include using private transaction relays (like Flashbots Protect), DEXs with threshold encryption for orders, or protocols that implement time-weighted average market makers (TWAMMs) to break large orders across multiple blocks, making them less attractive targets for JIT liquidity.

how-it-works
SECURITY THREAT

How a JIT Attack Works

A Just-In-Time (JIT) attack is a sophisticated on-chain exploit that manipulates a transaction's execution environment between the time it is broadcast and the time it is included in a block.

A Just-In-Time (JIT) attack is a form of Maximal Extractable Value (MEV) extraction where a searcher, typically a bot, monitors the public mempool for profitable pending transactions. Upon identifying a target—often a large trade on a decentralized exchange (DEX) that will move the price of an asset—the attacker crafts and submits their own transaction. The critical manipulation occurs by ensuring their transaction is ordered immediately before the victim's transaction in the same block, exploiting the deterministic nature of blockchain state changes.

The attacker's transaction typically performs an action that benefits from the victim's impending trade, such as buying an asset just before a large purchase drives its price up. Their transaction will also include a high gas fee or priority fee to incentivize a block builder or validator to include both transactions in the desired order. After profiting from the price movement caused by the victim's trade, the attacker's final transaction in the sequence often sells the acquired assets in the same block, completing the arbitrage loop and realizing a risk-free profit at the victim's expense.

This attack is made possible by the transparency of public mempools in networks like Ethereum. Defenses against JIT attacks include the use of private transaction relays (e.g., Flashbots Protect) that submit transactions directly to block builders, bypassing the public mempool. Additionally, protocols can implement mechanisms like time-weighted average price (TWAP) orders or commit-reveal schemes to obscure trading intent. The evolution of proposer-builder separation (PBS) and encrypted mempools aims to mitigate the visibility that enables such front-running strategies.

key-features
MECHANISM

Key Features of a JIT Attack

A Just-In-Time (JIT) liquidity attack is a sophisticated front-running strategy where an attacker manipulates a decentralized exchange's liquidity pool to extract value from other traders. The attack exploits the time delay between a pending transaction being visible in the mempool and its final execution on-chain.

01

Mempool Surveillance

The attack begins with the attacker monitoring the public mempool for large, profitable pending transactions, such as a significant token swap. Using bots, they identify transactions with high slippage tolerance or those that will cause a substantial price impact in an Automated Market Maker (AMM) pool.

02

Front-Running with Liquidity

Instead of simply front-running with an identical trade, the attacker front-runs the victim's transaction by depositing a large amount of liquidity into the target pool just before the victim's swap executes. This action dramatically reduces the price impact the victim's trade would have had, making it more profitable for the victim (and the pool's Liquidity Providers).

03

Immediate Liquidity Withdrawal

Immediately after the victim's transaction is processed, the attacker withdraws their injected liquidity in the same block. This 'just-in-time' provision means the liquidity was only present for the specific transaction it was designed to manipulate. The attacker often uses a flash loan to fund the initial liquidity deposit, requiring no upfront capital.

04

Profit Extraction Mechanism

The attacker profits from the liquidity provider (LP) fees generated by the victim's large trade. Because they were the sole or major liquidity provider at that moment, they capture most or all of the 0.01-0.3% fee. Their profit is the fee revenue minus the gas costs and any impermanent loss incurred during the brief period their funds were at risk.

05

Victim and LP Impact

  • Victim Trader: Ironically, gets a better price due to the injected liquidity, but their transaction enabled the attack.
  • Existing LPs: Are diluted during the attack, receiving a smaller share of the fee from the victim's trade.
  • Protocol: The pool's price stability and trust in its fair sequencing are undermined.
06

Mitigation Strategies

Protocols combat JIT attacks using:

  • Private Mempools (Submarine Sends): Hiding transactions from public mempools.
  • Fees on LP Actions: Charging fees for adding/removing liquidity within short windows.
  • Time-Weighted Liquidity: Requiring liquidity to be locked for a minimum period to earn fees.
  • MEV-Blocker RPCs: Routing transactions through services that protect against front-running.
ARBITRAGE ATTACK COMPARISON

JIT Attack vs. Traditional Sandwich Attack

A side-by-side comparison of two distinct forms of Maximal Extractable Value (MEV) attacks targeting automated market makers (AMMs).

FeatureJust-in-Time (JIT) AttackTraditional Sandwich Attack

Primary Goal

Capture liquidity provider (LP) fees

Profit from victim's slippage

Execution Timing

Same block as victim's swap

Blocks before and after victim's swap

Required Capital

High (must provide all liquidity for victim's trade)

Moderate (must move market price)

Risk to Attacker

High (impermanent loss, gas risk)

Low to Moderate (front-running risk)

Impact on Victim

Receives better price (negative slippage)

Receives worse price (positive slippage)

Liquidity Action

Adds and removes liquidity in same block

Places two opposing swap orders

Detection Difficulty

High (appears as beneficial liquidity provision)

Moderate (observable as front/back-running)

Common Defense

Dynamic fee tiers, private mempools

MEV protection, private transactions

security-considerations
JIT ATTACK

Security Considerations & Impact

A Just-In-Time (JIT) Liquidity Attack is a sophisticated exploit where an attacker manipulates a decentralized exchange's liquidity pool by adding and removing a large amount of capital within a single transaction block, profiting from the temporary price distortion.

01

Core Attack Mechanism

The attacker executes a multi-step process within a single block:

  1. Front-run a large victim swap with a flash loan.
  2. Add massive liquidity to the target pool, skewing the price formula.
  3. Let the victim's swap execute at the manipulated, unfavorable price.
  4. Remove their added liquidity, capturing the arbitrage profit created by the victim's trade. The attack hinges on the constant product formula (x*y=k) used by Automated Market Makers (AMMs) like Uniswap V2.
02

Key Vulnerability: MEV & Block Space

JIT attacks are a form of Maximal Extractable Value (MEV). They are only possible because:

  • Attackers can use flash loans to acquire capital with no upfront cost.
  • They can bundle transactions (via MEV bots or builders) to ensure all steps are executed atomically in one block.
  • The public mempool allows for front-running victim transactions. Solutions like private transaction relays or SUAVE aim to mitigate this.
03

Impact on Liquidity Providers (LPs)

JIT attacks create a winner-takes-most environment that harms traditional LPs:

  • LPs earn zero fees on JIT-manipulated swaps, as the attacker adds and removes liquidity before fees accrue.
  • It discourages passive liquidity provision, as sophisticated bots can parasitically extract value from their capital.
  • This leads to concentrated liquidity models (e.g., Uniswap V3) becoming more prevalent, where LPs must actively manage price ranges.
04

Protocol-Level Defenses

DEX designs are evolving to resist JIT attacks:

  • Uniswap V4 Hooks: Allow for custom pool logic, such as dynamic fees that spike with large, temporary liquidity deposits.
  • Time-Weighted Average Market Makers (TWAMMs): Break large orders into smaller virtual trades over time, making front-running less profitable.
  • Maverick Protocol's AMM: Uses a liquidity bin model where moving liquidity between bins has a cost, penalizing rapid in-and-out deposits.
05

Historical Example: Uniswap V3

The first major JIT attack was observed on Uniswap V3 shortly after its launch. A bot executed the classic pattern against a large USDC/ETH swap:

  • Used a $12M flash loan to provide temporary liquidity.
  • Captured ~$9,500 in profit from the victim's trade.
  • Highlighted how V3's concentrated liquidity, while efficient, did not inherently protect against this new MEV vector. This event catalyzed research into hooks and other defensive mechanisms.
visual-explainer
SECURITY VULNERABILITY

Visual Explainer of a JIT Attack

A JIT (Just-In-Time) Attack is a sophisticated exploit that targets the dynamic compilation process of modern programming languages to manipulate memory and execute arbitrary code.

A JIT Attack is a security exploit that targets the Just-In-Time (JIT) compilation engine of a runtime environment, such as a JavaScript engine in a web browser. The attacker manipulates the JIT compiler, which translates code like JavaScript into native machine code at runtime, to create or expose specific memory patterns. This manipulation often involves type confusion or heap spraying to corrupt the JIT-compiled code region, allowing the attacker to bypass security controls like Data Execution Prevention (DEP) and execute arbitrary shellcode.

The attack typically follows a multi-stage process. First, the attacker crafts malicious JavaScript that triggers JIT spraying, a technique where constant data embedded in the JIT-compiled code is arranged to form valid, attacker-controlled machine instructions. Second, they exploit a separate memory corruption vulnerability, such as a use-after-free bug, to gain control over the program's execution flow. Finally, they redirect execution to the prepared "code" within the JIT-compiled memory pages, which are marked as executable, thereby achieving remote code execution (RCE).

Mitigating JIT attacks requires a defense-in-depth approach. Modern JIT engines implement several key protections: constant blinding randomizes immediate values to prevent predictable code patterns, JIT hardening introduces guard pages and randomization of code locations, and Control Flow Integrity (CFI) techniques validate indirect branches. Furthermore, broader exploit mitigations like Address Space Layout Randomization (ASLR) and Code Pointer Integrity (CPI) are critical for raising the overall cost of such attacks, making reliable exploitation significantly more difficult for adversaries.

ecosystem-usage
JIT ATTACK

Ecosystem Context & Mitigations

Just-In-Time (JIT) liquidity attacks exploit the fee distribution mechanics of Automated Market Makers (AMMs) by adding and removing liquidity within a single transaction to capture a disproportionate share of swap fees.

01

Core Attack Mechanism

A JIT attack is executed by a bot that monitors the mempool for a large pending swap. The bot front-runs the swap by:

  • Adding concentrated liquidity precisely around the current price.
  • Allowing the victim's large swap to execute against this new, deep liquidity, generating significant fees.
  • Removing the liquidity in the same block, capturing the accrued fees and any remaining capital. This leaves the original liquidity providers (LPs) with minimal fee rewards for the large trade.
02

Primary Target: Uniswap V3

The attack is most effective on concentrated liquidity AMMs like Uniswap V3. Its design enables:

  • Precision positioning: Liquidity can be added in a tight price range where the swap will occur.
  • Fee accrual to active LPs: Fees are earned only by in-range liquidity, allowing the JIT LP to capture 100% of fees from the targeted swap. This contrasts with V2-style pools, where liquidity is spread across all prices, diluting the potential reward for a JIT attacker.
03

Impact on Liquidity Providers

JIT attacks create a winner-take-most dynamic for fee generation, negatively impacting passive LPs:

  • Fee dilution: Large swap fees are siphoned by the JIT bot instead of distributed to existing LPs.
  • Increased impermanent loss risk: Passive LPs bear the price exposure from the swap but receive reduced fee compensation.
  • Ecosystem tension: This pits sophisticated searcbers against traditional LPs, potentially discouraging passive liquidity provision in certain pools.
05

Mitigation: Fee Tier Adjustments

Pool creators and DAOs can adjust economic parameters to disincentivize attacks:

  • Implementing dynamic fees: Protocols like Uniswap V4 (via hooks) could temporarily raise fees for swaps that would trigger JIT activity.
  • Increasing fixed fee tiers: Using a 1% fee pool instead of 0.3% or 0.05% reduces the profit margin for JIT bots after gas costs.
  • Time-weighted measures: Introducing a minimum lock-up period for liquidity or a fee vesting schedule can make rapid entry/exit strategies unprofitable.
06

Related Concept: MEV and Searcher Bots

JIT attacks are a subset of Maximal Extractable Value (MEV). They are performed by searcher bots that:

  • Monitor the mempool for profitable opportunities.
  • Bundle transactions using services like Flashbots to ensure atomic execution (add, swap, remove).
  • Compete with other searchers in a gas auction to have their bundle included first. This places JIT within the broader landscape of blockchain economic games and efficiency frontiers.
JIT ATTACKS

Frequently Asked Questions (FAQ)

A Just-in-Time (JIT) Liquidity Attack is a sophisticated form of maximal extractable value (MEV) that exploits the transaction ordering within a block to profit at the expense of regular users. This section answers the most common technical questions about how these attacks work and their impact.

A Just-in-Time (JIT) liquidity attack is a predatory trading strategy where a searcher (or MEV bot) monitors the public mempool for a large, profitable trade, such as a swap on a Uniswap V3 pool, and front-runs it by providing concentrated liquidity around the expected price range. The attacker's liquidity enables the victim's large trade to execute with minimal slippage, and the attacker immediately back-runs the trade to remove their liquidity and capture the accrued fees and any favorable price movement, all within the same block. This leaves no liquidity for subsequent traders and can degrade the pool's health.

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