Book 4 of the AdValorem Syndicate Crypto Series. Most operators who want to build MEV systems already understand Ethereum. They know what a mempool is. They have seen liquidations cascade on their monitoring dashboards. What they lack is the operational framework that turns that knowledge into a running, profitable system. This book provides that framework. It starts with the MEV supply chain — searcher, builder, relay, validator — and maps the money flow through every layer. It derives the profit identity: Net EV = (P_inclusion × gross_profit) − bundle_cost, and shows how every strategic decision is an argument about one of those three terms. It maps the mempool information environment — public mempool, private orderflow via MEV-Share, RPC trust boundaries — so operators know exactly what information they have and what they do not. The core strategy chapters cover atomic arbitrage (with the path-finding graph formulation), sandwich mechanics and defenses (including the ethics debate), JIT liquidity on Uniswap V3/V4, and a deep-dive chapter on liquidations across Aave V3, Morpho Blue, Compound V3, and Spark — the four lending protocols every serious liquidation operator must understand simultaneously. The operational chapters cover relay selection (Flashbots, MEV-Share, bloXroute, Titan), builder economics and vertical integration, and the complete operational stack: Reth/Erigon node configuration, PM2 process management, Prometheus/Grafana monitoring, and cost optimization. The final chapter covers edge decay — the lifecycle of MEV strategies, the signals that a strategy is dying, and what replaces it. Priced at $99 because the audience is professional. If you are running these systems at scale, this book pays for itself in the first hour.