
Quick Summary
- What is it: The $FAST Miles campaign rewards users who route Ethereum swaps through Fast RPC, generating MEV volume that the protocol captures and returns to participants instead of bots; Fast Protocol, built by Primev, is Ethereum’s preconfirmation infrastructure layer that delivers sub-second transaction commitments with private mempool protection. $FAST is the confirmed native token that Miles will convert into at TGE
- Campaign Status: LiveβFast Miles actively accruing on Ethereum Mainnet
- TGE Status: Pending; no official date confirmed; Miles-to-$FAST conversion officially confirmed by team
- Who Qualifies: Any Ethereum Mainnet user with ETH for gas; Genesis SBT mint required to unlock the Miles dashboard
- Why It Matters: Backed by a16z CSX, HashKey Capital, and Figment Capital; MEV extraction cost Ethereum users over $455,000 per day in 2025; Fast Protocol is the first infrastructure to redirect that value back to traders
1. The Invisible Tax Every Ethereum Trader PaysβAnd How Fast Protocol Eliminates It
Every time you execute a swap on Ethereum Mainnet, your transaction enters a public waiting room called the mempool. Before it is processed, it sits visible to the entire network including a class of automated actors called MEV bots.
These bots scan the mempool continuously, identify profitable trades in the queue, and exploit their ability to pay higher gas fees to insert their own transactions immediately before and after yours. The result is a sandwich attack: the bot buys the token you’re about to buy (pushing the price up), lets your trade execute at the inflated price, then immediately sells (pushing the price back down). You receive fewer tokens than you should have.
This is not a fringe edge case. Academic research published in 2025 found that Ethereum network participants would need to pay an average of $0.39 more per transaction totaling nearly $455,000 per day just to undo the effects of MEV reordering. Sandwich attacks alone constituted over $289 million in extracted value in the 2025 measurement window across the Ethereum ecosystem. Since 2020, cumulative MEV extracted on Ethereum has surpassed $686 million. Every dollar of that figure came directly from traders’ execution quality.
Fast Protocol, built by Primev’s MEV research and cryptography team, is the first infrastructure layer designed to invert this dynamic entirely. Rather than allowing bots to extract value from your trades, Fast Protocol captures that value and returns it to you. The protocol is live on Ethereum Mainnet today, and its Fast Miles campaign is actively rewarding users who route their trades through Fast RPC with a confirmed $FAST token conversion at TGE.
2. What Is Fast Protocol? The Full Technical Breakdown
2.1 The Builder: Primev
Fast Protocol is a product of Primev, an Ethereum MEV research organization founded in 2022 with one mission: make Ethereum fast, private, and fair for all users. Primev’s core infrastructure product is mev-commit, an open-source, peer-to-peer commitment network that has been live on Ethereum Mainnet since 2024 and tested across 51,000+ validators.
mev-commit establishes real-time commitments between transaction submitters and the entities who process them, enabling a new class of guarantees that the public mempool cannot provide: privacy before inclusion, ordering priority, and cryptographically verifiable execution promises, all within the timeframe of a single block.
Fast Protocol is the user-facing consumer layer built on top of mev-commit. Where mev-commit is the infrastructure protocol for builders and validators, Fast Protocol is the product that turns those cryptographic guarantees into a concrete user experience: sub-second transaction confirmation times and MEV protection, accessible to anyone with an Ethereum wallet.
Primev is backed by a16z CSX (Andreessen Horowitz’s Crypto Startup Accelerator), HashKey Capital, and Figment Capital; a combination of Tier-1 venture capital and leading crypto-native infrastructure investors.
2.2 How Fast RPC Works
Fast Protocol operates through a custom RPC endpoint (Remote Procedure Call); the communication layer between your wallet and the Ethereum network. By default, wallets like MetaMask use public RPC providers such as Infura or Alchemy, which broadcast your transaction to the public mempool the moment you submit it.
When you configure Fast RPC as your default Ethereum endpoint, your transaction flow changes entirely:
Standard public RPC path: Wallet to Public mempool (visible to all bots) to Block builder to Validator to Confirmed
Fast RPC path: Wallet to Fast Protocol’s encrypted private mempool to Preconfirmation commitment (10β200ms) to Block builder to Validator to Confirmed
The private mempool means your transaction is never publicly visible before it is included in a block, eliminating the information advantage that sandwich bots depend on. The preconfirmation commitment means you receive cryptographic confirmation that your transaction will be included at a specific price, typically within 10 to 200 milliseconds of submission.
Fast Protocol’s founder Murat Akdeniz demonstrated the technology live with a MetaMask ETH transfer achieving preconfirmation in 377 milliseconds significantly faster than the ~12-second block time that defines standard Ethereum settlement, and competitive with Layer 2 solutions while settling directly on Ethereum L1.
2.3 The MEV Redistribution Mechanism
This is the most strategically significant part of Fast Protocol’s architecture: MEV is not eliminated. It is redirected.
Ethereum’s MEV economy is structural. Arbitrageurs, liquidators, and block builders will always seek to extract value from transaction ordering. Attempts to entirely eliminate MEV have historically either failed or created worse centralization problems. Fast Protocol takes a different approach; it accepts that MEV exists, captures the MEV that would otherwise go to bots, and redistributes it to the users whose trades generated it.
The mechanism: when your swap routes through Fast RPC, the protocol’s mev-commit layer captures the MEV opportunity your transaction represents, auctions priority to block builders through a private channel, and returns the captured value to your wallet as Fast Milesβthe on-chain reward metric that converts to $FAST tokens at TGE.
In practice, this means larger swaps generate more MEV and therefore more Fast Miles because they create proportionally larger arbitrage opportunities that the protocol captures on your behalf. The campaign explicitly frames this as: more MEV generated = more Fast Miles earned = larger $FAST allocation.
2.4 Technical Architecture Components
Private Encrypted Mempool β Transactions are encrypted and routed through Fast Protocol’s private relay network, preventing bots from reading transaction intent before inclusion.
Bundle Support β Multiple transactions can be bundled into atomic execution units, ensuring complex multi-step strategies (like swap + stake) either execute in full or not at all; eliminating the partial execution risk that creates MEV opportunities.
Preconfirmation Network β The mev-commit layer provides real-time execution commitments from validators and builders before the transaction is included in a block, giving users certainty at sub-second latency.
Global Endpoints with 100% Uptime Design β Fast RPC is built for reliability as a default RPC substitute, not just for occasional use.
Anti-Front-Running Guarantees β By removing the public mempool step, the structural precondition for front-running β visibility of pending transactions β is eliminated.
3. The Fast Miles Program: How Rewards Are Calculated
3.1 What Are Fast Miles?
Fast Miles are Fast Protocol’s on-chain reward metric, accrued automatically for every qualifying transaction routed through Fast RPC. They are not a point system managed in a separate database β they are derived directly from on-chain MEV activity associated with your Genesis SBT-linked wallet address.
The team has explicitly confirmed the conversion formula and direction: Fast Miles will convert to $FAST tokens at TGE. No specific conversion rate or TGE date has been announced.
3.2 Miles-Generating Activities (Ranked by Earning Rate)
Highest tier β High-value swaps: Swapping large amounts of ETH or ERC-20 tokens through Fast RPC generates proportionally more MEV and therefore more Fast Miles. A $10,000 swap generates substantially more Miles than ten $1,000 swaps of equivalent total value, because MEV extraction opportunities scale non-linearly with transaction size. If you regularly execute large trades on Ethereum, routing your organic volume through Fast RPC is the highest capital-efficiency path in this campaign.
High tier β Consistent volume: Sustained trading activity over time builds a long contribution record. Because Fast Miles derive from actual on-chain MEV, the program is inherently Sybil-resistant at the capital-deployment level; empty wallets executing micro-transactions generate negligible Miles regardless of how many addresses are deployed.
Mid tier β Bridge transactions: Bridge operations into and out of Ethereum Mainnet through Fast RPC also qualify for Miles accrual, as cross-chain capital movement generates its own MEV opportunities.
Boost tier β Referrals: Referring active Ethereum DeFi users generates bonus Miles that scale with your referees’ activity levels. Referrals who do not trade substantively generate minimal referral Miles β the system rewards quality over quantity here.
Quest tier β Social and one-time tasks: Fixed-Mile social missions listed in the dashboard (joining Discord, Telegram, following official accounts) provide a one-time baseline. These are worth completing immediately but contribute a small fraction of total Miles compared to on-chain volume.
4. Step-by-Step Participation Guide

Step 1 β Access the Official Fast Protocol Dashboard
Navigate to fastprotocol.io. Connect your Web3 wallet; MetaMask, Rabby, or WalletConnect-compatible and ensure you are on Ethereum Mainnet before proceeding.
Have ETH in your wallet to cover gas fees for the SBT mint and your subsequent swap activity.
Step 2 β Mint Your Genesis Soulbound Token (SBT)
Navigate to the Genesis SBT section and complete the on-chain minting transaction. Gas fees apply. This is not optional; the SBT is the non-transferable on-chain passport that links your wallet address to the Fast Miles tracking dashboard. Without it, your swap activity does not register in the program.
The SBT is permanently bound to the wallet you use at mint time. Use the wallet address you intend to use as your primary Fast Protocol trading address; you cannot transfer it to a different wallet later.
Step 3 β Complete Social Quests for Baseline Miles
Before focusing on volume, capture all available one-time quest Miles:
- Join the official Fast Protocol Discord and verify membership
- Join the official Telegram channel and verify
- Follow @Fast_Protocol and @primev_xyz on X
- Complete any remaining onboarding quests listed in your dashboard
Step 5 β Execute Swaps for Volume-Based Miles
With Fast RPC active and one-time quests completed, the core earning loop is straightforward: trade on Ethereum as you normally would.
Recommended venues for Fast RPC-compatible swapping:
- Uniswap V3 β deepest liquidity on Ethereum Mainnet, widest token selection
- Curve Finance β optimal for stablecoin and like-asset swaps; lower slippage
- SushiSwap β alternative DEX with cross-chain pools
- 1inch or Paraswap β DEX aggregators that route to best price; compatible with custom RPC settings
Step 6 β Activate the Referral Program
Generate your unique referral link from the dashboard. Share it with your network, prioritizing active Ethereum DeFi traders over passive holders. Since your referral Miles scale with your referees’ actual trading activity, a single actively trading referral outperforms dozens of inactive signups.
5. Farming Strategy: How to Think About Capital Allocation
5.1 The Break-Even Framework
Because Ethereum Mainnet gas fees are real costs, Fast Miles farming has a genuine cost-benefit calculation that other free-entry campaigns do not. Before deploying capital, consider the following structure:
Minimum viable participation: Mint Genesis SBT (one gas fee), configure Fast RPC, complete social quests. This establishes your on-chain identity and captures all free Miles with minimal cost. If you already trade on Ethereum regularly, your existing organic volume now generates Miles at zero additional cost.
Active farming tier: Executing additional swaps specifically to generate Miles requires evaluating gas cost per Miles earned against your expectation of $FAST token value. This calculation depends on variables β TGE price, your total Miles share of the pool β that are not yet known. Treat this as a speculative bet sized appropriately to your risk tolerance.
Organic volume optimization: If you are already an active Ethereum DeFi user, the configuration step (adding Fast RPC) is the entire opportunity cost. Your existing trading volume generates Miles for free once the RPC is set.
5.2 Anti-Sybil Reality
The Fast Miles program is structurally resistant to traditional Sybil farming because its rewards derive from on-chain MEV; which requires real capital. Deploying 20 wallets with minimal ETH and executing micro-swaps generates negligible Miles while costing 20x the gas overhead. This is a campaign that rewards genuine, concentrated on-chain activity. The team has explicitly recommended focusing capital into one primary wallet.
5.3 Referral Quality Over Quantity
Referral Miles scale with referee activity. One referral who executes $50,000 in monthly swap volume generates far more referral Miles than 100 referrals who each make a single small test swap. If you have reach within active Ethereum trading communities from Discord servers, Telegram groups, Twitter DeFi circles; quality referrals are the highest-leverage free Miles source available.
6. The Investment Thesis: Why Fast Protocol’s Infrastructure Position Matters
6.1 The Problem Is Structural and Unsolved
MEV is not a bug that will be patched away. It is an inherent consequence of blockchain transaction ordering; as long as validators and block builders can see pending transactions and influence their ordering, MEV extraction opportunities will exist. The billions of dollars extracted from Ethereum users since 2020 are not an anomaly; they are the predictable behavior of rational actors operating within the protocol’s incentive structure.
Existing partial solutions from Flashbots Protect, CoW Swap batch auctions, private RPC options have improved the situation but not resolved it. More than 90% of Ethereum arbitrage now routes through private channels, yet sandwich attacks still constituted over $289 million in extracted value in 2025. The total cost to users continues to compound.
Fast Protocol’s approach capturing MEV value rather than trying to eliminate it, then returning it to the users who generated it is architecturally distinct from existing solutions. It converts a structural value extraction mechanism into a structural value redistribution mechanism.
6.2 Infrastructure Plays Command Infrastructure Valuations
The historical pattern for Tier-1 VC-backed Ethereum infrastructure protocols at TGE is well-documented. Projects that solve core protocol-level problems like settlement, bridging, ordering, privacy command valuations that reflect their position in the stack, not their user-facing consumer metrics. Fast Protocol sits directly in Ethereum’s transaction ordering layer, which is the most economically active and competitively contested part of the network.
a16z CSX is the institutional signal here. The accelerator has backed a small number of Ethereum infrastructure projects at the seed stage that subsequently launched tokens at nine-figure valuations. The backing does not guarantee an outcome, but it is the strongest available signal about how informed institutional actors view the project’s technical merit and market positioning.
6.3 The Timing: Ethereum’s MEV Landscape Is Evolving
Ethereum’s 2024 implementation of enshrined Proposer-Builder Separation (ePBS) moved MEV auction mechanics into the core protocol, increasing the formalization and scale of the MEV economy rather than reducing it. In 2026, MEV is more institutionalized than ever which makes the value of a user-facing MEV protection and redistribution layer larger, not smaller. Fast Protocol is entering a growing market with an infrastructure position.
7. Quick-Start Checklist
- Navigate to fastprotocol.io
- Connect MetaMask or Rabby wallet on Ethereum Mainnet
- Ensure you have ETH for the SBT mint gas fee and subsequent swaps
- Mint your Genesis SBT to unlock the Miles dashboard
- Add Fast RPC as your default Ethereum Mainnet endpoint in wallet settings
- Execute a small test swap to verify Miles are accruing in your dashboard
- Complete all social quests (Discord, Telegram, X follows) for one-time baseline Miles
- Generate your referral link and share with active Ethereum DeFi traders
- Route all future Ethereum Mainnet swaps through Fast RPC as your normal workflow
- Follow @Fast_Protocol and @primev_xyz on X for TGE date and conversion rate announcements
8. Frequently Asked Questions
Q: Is the $FAST token airdrop confirmed? Yes, with one caveat. The Fast Protocol team has explicitly confirmed that Fast Miles will convert to $FAST tokens at TGE using the formula: more MEV generated = more Fast Miles = larger $FAST allocation. The exact conversion rate and TGE date have not been announced. The direction is confirmed; the magnitude is unknown.
Q: Do I need to pay gas fees to participate? Yes for meaningful participation. Minting the Genesis SBT requires one on-chain transaction with ETH for gas. Subsequent swap-based Miles generation also requires ETH for gas on every trade. The social quests and referral link generation are free. This is not a zero-capital campaign.
Q: What is the Genesis SBT and why is it required? The Genesis SBT (Soulbound Token) is a non-transferable on-chain token that links your wallet address to the Fast Miles tracking dashboard. Without it, your swap activity does not register in the program. It cannot be transferred, sold, or delegated; it is permanently bound to the wallet used at mint time.
Q: Why shouldn’t I farm with multiple wallets? Because Miles are derived from actual on-chain MEV, which requires real capital per transaction. Splitting capital across many wallets multiplies gas costs while generating the same total Miles you would earn from a single wallet with the same total volume. The team has explicitly recommended concentrating activity in one primary wallet. The program is structurally anti-Sybil.
Q: What DEXs and DeFi protocols work with Fast RPC? Any Ethereum Mainnet DEX or DeFi protocol that executes transactions through your wallet’s configured RPC will work including Uniswap, Curve, SushiSwap, Balancer, 1inch, Paraswap, Aave, and Compound, among others. The RPC setting applies at the wallet level, not the protocol level.
Q: Who built Fast Protocol? Fast Protocol is a product of Primev, an Ethereum MEV research organization. The team specializes in MEV research and cryptography, and has published peer-reviewed research on transaction ordering, mev-commit architecture, and programmable privacy. Primev’s mev-commit infrastructure has been operating on Ethereum Mainnet with validator participation since 2024.
Q: What happens to Miles that aren’t claimed? No specific information about unclaimed Miles handling has been disclosed. Follow official channels for TGE-specific claim instructions as they are announced.
Disclaimer: This article is provided for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and airdrop participation carries significant risk. Always conduct your own due diligence before participating in any blockchain-based project or token event.
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