# The MEV Letter #128

**URL:** https://collective.flashbots.net/t/the-mev-letter-128/5595
**Category:** The Flashbots Ship
**Tags:** the-mev-letter
**Created:** [March 4, 2026, 11:03pm UTC](https://collective.flashbots.net/t/the-mev-letter-128/5595 "2026-03-04T23:03:49Z")
**Posts on this page:** 1
**Page:** 1

<div class="post-metadata">

### Author: ![Fred](https://collective.flashbots.net/user_avatar/collective.flashbots.net/fred/32/1288_2.png) [@Fred](https://collective.flashbots.net/u/Fred)
#### Post date: [March 4, 2026, 11:03pm UTC](https://collective.flashbots.net/t/the-mev-letter-128/5595/1 "2026-03-04T23:03:49Z")

</div>

_ **The MEV Letter** _ is a weekly collection of papers, articles and resources related to MEV. The intention of this letter is to provide a comprehensive summary of the latest research, discussions, and developments in the space, with links for further reading.  
-[_Explore all previous editions via_ _ **The MEV Letter explorer** _](https://collective.flashbots.net/t/explorer/100).

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# Papers & Articles

- [Pricing and hedging for liquidity provision in Constant Function Market Making](http://arxiv.org/abs/2603.01344v1) by [Jimmy Risk](https://jimmyrisk.github.io/), [Shen-Ning Tung](https://sntung41406.github.io/) and [Tai-Ho Wang](https://arxiv.org/search/q-fin?searchtype=author&query=Wang,+T) presents a mathematical framework for CFMMs by transitioning from traditional token reserve analyses to a coordinate system defined by price and intrinsic liquidity.
- [10 Days, 252 Commits, and 52% Win Rate: What I Learned Building a Trading Bot for Prediction Markets](https://optimizooor.substack.com/p/10-days-252-commits-and-52-win-rate) by [dom](https://x.com/optimizooor) describes the journey of building a low-latency trading bot for [Polymarket](https://polymarket.com/) that reads CEX prices faster than the [Chainlink](https://chain.link/) oracle feed to get ahead of the 5- and 15-minute crypto price markets.
  - [Post](https://x.com/optimizooor/status/2027092713313542266) by [dom](https://x.com/optimizooor)

- [Three years of PBS. Time for a finality check. A survey of the structural gaps](https://x.com/blockspaceforum/status/2026671024348054009) by[Blockspace Forum](https://x.com/blockspaceforum) describes the economics, performance, and robustness of the MEV-Boost landscape today.
  - [Thread](https://x.com/blockspaceforum/status/2026673137035698658) by[Blockspace Forum](https://x.com/blockspaceforum)

- [Economics: Align the Incentives To Align the Outcome](https://x.com/blockspaceforum/status/2027037604332384379) by [Blockspace Forum](https://x.com/blockspaceforum) analyzes the rise of exclusive order flow and its impact on the builder market, and wnd users.
  - [Thread](https://x.com/blockspaceforum/status/2027040309465522533) by [Blockspace Forum](https://x.com/blockspaceforum)
  - [Post](https://x.com/mostlyblocks/status/2027044688243401088) by [Michael Moser](https://x.com/mostlyblocks)

- [What network effects mean for the design of L1s (and L2s)](https://x.com/AndreaCanidio/status/2028839245985484815) by [Andrea Canidio](https://andreacanidio.com/) argues that L1s should bootstrap network effects by focusing on finance as the main use case, and prioritize the transaction supply chain.
  - [Thread](https://x.com/AndreaCanidio/status/2028842941075145030) by [Andrea Canidio  
 ](https://andreacanidio.com/)

# Posts & Threads

- [Vitalik Buterin](https://vitalik.eth.limo/) published a [post](https://x.com/vitalikbuterin/status/2026779557479723418) presenting an incremental roadmap for fast slots and fast finality, as the first in a series of posts commenting on the [L1 Strawmap](https://strawmap.org/) by[EF protocol](https://protocol.ethereum.foundation/).
- [Vitalik Buterin](https://vitalik.eth.limo) published a [post](https://x.com/vitalikbuterin/status/2027075026378543132) outlining the quantum-vulnerabilities in Ethereum today, and presents a step-by-step roadmap for quantum resistance across four remaining areas.
- [Vitalik Buterin](https://vitalik.eth.limo) published a [post](https://x.com/VitalikButerin/status/2027774090627715377) on account abstraction and presents [EIP-8141: Frame Transaction](https://eips.ethereum.org/EIPS/eip-8141) as a minimal yet general framework for AA use cases.
  - [Notes](https://x.com/yq_acc/status/2028406419993850053) by[YQ](https://x.com/yq_acc)

- [Vitalik Buterin](https://vitalik.eth.limo) published a [post](https://x.com/VitalikButerin/status/2028158949720252574) on protocol research related to the execution layer, with a focus on upgrading the state tree, and the VM.
- [Vitalik Buterin](https://vitalik.eth.limo) published a [post](https://x.com/vitalikbuterin/status/2027403360484430122) describing a multi-stage roadmap for scaling Ethereum L1 via multi-dimensional gas, zkEVM, and more.
- [Vitalik Buterin](https://vitalik.eth.limo/) published a [post](https://x.com/VitalikButerin/status/2028524112868708616) on upcoming changes to the block building pipeline, including [FOCIL](https://eips.ethereum.org/EIPS/eip-7805), encrypted mempools, [Flashnet](https://writings.flashbots.net/network-anonymized-mempools), and more.
- [Vitalik Buterin](https://vitalik.eth.limo) published a [post](https://x.com/VitalikButerin/status/2028913738057957433) advocating for Ethereum to build free, open-source tools that let people communicate, organize, and manage resources in ways that are robust to government, corporate, and social pressures.

# Talks & Discussions

- [Indexed Podcast](https://www.indexedpod.com/): [The Hidden Risks of Crypto Bridges](https://x.com/indexed_pod/status/2026974939174113676) invites [donnoh.eth](https://x.com/donnoh_eth) for a conversation on cross-chain interoperability, bridging risk, and the new [interoperability dashboard](https://l2beat.com/interop/summary) by [L2BEAT.](https://l2beat.com/)
- [Ready for Merge](https://x.com/ready4merge): [DevTalk: The Hegota EL Headliner Debate](https://www.youtube.com/watch?v=HXHe6h_ZURA) invites [Jannik Luhn](https://x.com/anotherjannik) and [Justin Florentine](https://x.com/RoboCopsGoneMad) to present [LUCID](https://ethereum-magicians.org/t/hegota-headliner-lucid-encrypted-mempool/27658) as an EL headliner proposal for Hegotá.
  - [Thread](https://x.com/ready4merge/status/2027103386772836631) by [Ready for Merge](https://x.com/ready4merge)

- [All Core Devs - Execution (ACDE) #231, Feb 26, 2026](https://www.youtube.com/watch?v=cAP3_gwT6-E) hosted by [Ansgar Dietrichs](https://x.com/adietrichs) discussed Glamsterdam devnets, Hegotá headliners, and more.
  - [Agenda](https://github.com/ethereum/pm/issues/1931) by [nixo.eth](https://x.com/nixorokish)
  - [Notes](https://etherworld.co/highlights-from-the-all-core-developers-execution-acde-call-231/) by[Yash Kamal Chaturvedi](https://x.com/YashKamalChatu1)

- [All Core Devs - Testing (ACDT) #72, March 2, 2026](https://www.youtube.com/watch?v=J0RwITMn2UM) hosted by [parithosh](https://x.com/parithosh_j) covered updates from blob-devnet-0, bal-devnets, epbs-devnet-0, and gas limit testing.
  - [Agenda](https://github.com/ethereum/pm/issues/1948) by [parithosh](https://x.com/parithosh_j)

- [Encrypt The Mempool #1, March 4, 2026](https://www.youtube.com/watch?v=vJqyJ6XTGa0) hosted by [Justin Florentine](https://x.com/RoboCopsGoneMad) discussed the latest updates related to [EIP-8105: Universal Enshrined Encrypted Mempool](https://eips.ethereum.org/EIPS/eip-8105).
  - [Agenda](https://github.com/ethereum/pm/issues/1945) by [Justin Florentine](https://x.com/RoboCopsGoneMad)

- [EIP-7928 Breakout #13, Feb 25, 2026](https://www.youtube.com/watch?v=6X2jl7992bg) hosted by [Toni Wahrstätter](https://toniwahrstaetter.com) covered specification changes, and client implementation updates related to [BALs](https://eips.ethereum.org/EIPS/eip-7928).
  - [Agenda](https://github.com/ethereum/pm/issues/1944) by [Toni Wahrstätter](https://toniwahrstaetter.com)

- [Fast Confirmation Rule (FCR) #4, March 3, 2026](https://www.youtube.com/watch?v=-k4hboX9vIQ) hosted by [Will Corcoran](https://x.com/corcoranwill) covered specification, client implementations, and testing of Fast Confirmation Rule (FCR).
  - [Agenda](https://github.com/ethereum/pm/issues/1939) by [Will Corcoran](https://x.com/corcoranwill)

# Other

- [L1 Strawmap](https://strawmap.org/) by[EF protocol](https://protocol.ethereum.foundation/) presents a technical roadmap for the next 5 years of Ethereum across 5 categories: Fast L1, Gigagas L1, Teragas L2, Post quantum L1, and Private L1.
  - [Post](https://x.com/drakefjustin/status/2026755969540108659) by[Justin Drake](https://x.com/drakefjustin)
  - [The Idiot’s Guide to Ethereum’s 2029 Strawmap](https://x.com/snapcrackle/status/2029174289379811594) by [James | Snapcrackle](https://x.com/Snapcrackle)
  - [Return of the L1: Fast Early 2026 Report](https://x.com/muratlite/status/2028533230794846362) by [Murat Akdeniz](https://x.com/MuratLite)

- [Pure Zig Ethereum library – seeking feedback from searchers](https://collective.flashbots.net/t/pure-zig-ethereum-library-seeking-feedback-from-searchers/5592) by [Amlandeep Bhadra](https://www.linkedin.com/in/amlandeep-bhadra-52678964/) introduces [eth.zig](https://www.ethzig.org/introduction) as a complete, zero-dependency, Ethereum client library written in Zig, and solicits feedback from searchers on features.
- [How Crypto Actually Works: The Missing Manual](https://github.com/lawmaster10/howcryptoworksbook) by [Larry Cermak](https://x.com/lawmaster), [Igor Igamberdiev](https://x.com/FrankResearcher), [Bohdan Pavlov](https://github.com/bpavlovwm), and [Tim Copeland](https://x.com/Timccopeland) explains concepts across the crypto ecosystem, including DeFi primitives, MEV, governance, and more.
  - [Thread](https://x.com/lawmaster/status/2027048529600864540) by [Larry Cermak](https://x.com/lawmaster)

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