Albert Barnes Commentary Malachi 1:5

"And your eyes shall see, and ye shall say, Jehovah be magnified beyond the border of Israel." — Malachi 1:5 (ASV)

And your eyes shall see - Malicious pleasure in looking at the misery of Judea and Jerusalem had been a special sin of Edom: now God would show Judah the fruit of this reversal and His goodness toward them.

“You will have assurance of His love toward you and His providence over you when you see that you have returned to your own land and can inhabit it, while they cannot do this. But ‘they build and I throw down,’ and you, therefore, praise and magnify My name for this. And you shall say, ‘The Lord shall be magnified on the border of Israel; that is, His greatness shall always be manifest upon you.’”

He will be high above and exalted over the border of Israel, which shall retain its name, while Edom will have ceased to exist.

Wickedness gives its name to Edom’s border, just as in Zechariah’s vision, wickedness was removed and settled in Babylon (Zechariah 5:8, Zechariah 5:11).