# The MEV Letter #129 **URL:** https://collective.flashbots.net/t/the-mev-letter-129/5611 **Category:** The Flashbots Ship **Tags:** the-mev-letter **Created:** [March 11, 2026, 11:55pm UTC](https://collective.flashbots.net/t/the-mev-letter-129/5611 "2026-03-11T23:55:51Z") **Posts on this page:** 1 **Page:** 1
### 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 11, 2026, 11:55pm UTC](https://collective.flashbots.net/t/the-mev-letter-129/5611/1 "2026-03-11T23:55:51Z")
_ **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). * * * # Papers & Articles - [More to Extract: Discovering MEV by Token Contract Analysis](http://arxiv.org/abs/2603.07996v1) by [Jiaqi Chen](https://sites.google.com/view/JiaqiChen), [Yuzhe Tang](https://www.linkedin.com/in/yuzhe-tang-48a67022/), and [Yue Duan](https://yueduan.github.io/) examines MEV arising from token smart contracts and presents a pipeline of techniques to detect profitable strategies that existing searchers are missing. - [PRIME: Efficient Algorithm for Token Graph Routing Problem](http://arxiv.org/abs/2603.08337v1) by [Haotian Xu](https://arxiv.org/search/cs?searchtype=author&query=Xu,+H), [Yuqing Zhu](https://www.linkedin.com/in/yuqing-zhu-35296a140), [Yuming Huang](https://ymhuang.me/), and [Jing Tang](https://sites.google.com/view/jtang) presents a two-stage iterative graph algorithm that optimizes token swap routing on DEXes, improving execution efficiency and reducing computational overhead. - [A Dynamic Equilibrium Model for Automated Market Makers](http://arxiv.org/abs/2603.08603v1) by [Chengqi Zang](https://arxiv.org/search/econ?searchtype=author&query=Zang,+C), [Zhenghui Wang](https://arxiv.org/search/econ?searchtype=author&query=Wang,+Z), and [Weitong Zhang](https://arxiv.org/search/econ?searchtype=author&query=Zhang,+W) presents a dynamic equilibrium framework for CFMMs that formalizes the strategic interaction between arbitrageurs and LPs over time. - [SoK: The Evolution of Maximal Extractable Value, From Miners to Cross-Chain](http://arxiv.org/abs/2603.07716v1) by [Davide Mancino](https://www.linkedin.com/in/davide-mancino-2729b4109) and [Hasret Ozan Sevim](https://www.hasretozansevim.info/) traces the evolution of MEV research and outlines open problems, including cross‑domain detection, sequencer incentives, and bridge security. - [Snap v2: Replacing Trie Healing with BALs](https://ethresear.ch/t/snap-v2-replacing-trie-healing-with-bals/24333) by [Toni Wahrstätter](https://toniwahrstaetter.com) proposes an upgrade to [snap sync](https://github.com/ethereum/devp2p/blob/bc76b9809a30e6dc5c8dcda996273f0f9bcf7108/caps/snap.md) that replaces the trie healing phase entirely with sequential [BAL](https://eips.ethereum.org/EIPS/eip-7928) application. - [Post](https://x.com/nero_eth/status/2031315640791798042) by [Toni Wahrstätter](https://toniwahrstaetter.com/) - [Understanding Block-Level Access Lists](https://paragraph.com/@cethology/understanding-block-level-access-lists) by[Franco Victorio](https://x.com/fvictorio_nan) explains the design of[BALs](https://eips.ethereum.org/EIPS/eip-7928), and how they enable higher throughput via parallel transaction execution and I/O prefetching. - [Post](https://x.com/fvictorio_nan/status/2029227617350488532) by[Franco Victorio](https://x.com/fvictorio_nan) - [Attested TLS in the Wild](https://engineering.chainbound.io/attested-tls-in-the-wild) by [Karrq](https://x.com/LandKingdom) explains how attested TLS (aTLS) guarantees that remote communication with a TEE is confidential and authentic. - [Post](https://x.com/mempirate/status/2029950457976922494) by [mempirate](https://x.com/mempirate) - [GhostPool: Hiding Identity-Critical Metadata in Encrypted Mempool Admission](https://ethresear.ch/t/ghostpool-hiding-identity-critical-metadata-in-encrypted-mempool-admission/24327) by [Wonjae Choi](https://x.com/0xwonj) introduces an admission-layer protocol for encrypted-mempool designs that replaces the sender and nonce admission checks with ZK-proofs. - [Ethereum: A Counterparty Without Counterparty Risk](https://x.com/blockspaceforum/status/2031019543020163080) by [Blockspace Forum](https://x.com/blockspaceforum) argues that while Ethereum provides strong uptime and decentralization, the concentration in the builder and relay markets poses risks to liveness, fair access, and proposer agency. # Posts & Threads - [Vitalik Buterin](https://vitalik.eth.limo) published a [post](https://x.com/VitalikButerin/status/2029994081582207235) continuing from a [previous post](https://x.com/VitalikButerin/status/2028524112868708616) on upcoming changes to the block building pipeline, describing the proposed switch from Casper FFG to Minimmit as finality gadget. - [Vitalik Buterin](https://vitalik.eth.limo) published a [post](https://x.com/VitalikButerin/status/2029662920318275935) advocating for a bolder, more open mindset at the application layer without compromising core properties of Censorship Resistance, Open Source, Privacy, and Security (CROPS). - [EF Protocol Support](https://ps.ethereum.foundation/) publishes a [thread](https://x.com/EFprotocol/status/2031056150427242892) sharing results from a survey on [Glamsterdam Gas Repricings](https://gasrepricing.com/) with participation from DeFi and protocol teams. # Talks & Discussions - [All Core Devs - Testing (ACDT) #73, March 9, 2026](https://www.youtube.com/watch?v=9MxhnFm3CFM) hosted by [danceratopz](https://x.com/danceratopz) covered updates from [blob-devnet-0](https://notes.ethereum.org/@ethpandaops/blob-devnet-0),[bal-devnet-2](https://notes.ethereum.org/@ethpandaops/bal-devnet-2),[bal-devnet-3](https://notes.ethereum.org/@ethpandaops/bal-devnet-3),[epbs-devnet-0](https://notes.ethereum.org/@ethpandaops/epbs-devnet-0), and more - [Agenda](https://github.com/ethereum/pm/issues/1956) by [danceratopz](https://x.com/danceratopz) - [FOCIL Breakout #30, March 10, 2026](https://www.youtube.com/watch?v=MJpnyjAsBWQ) hosted by[Jihoon Song](https://x.com/jih2nn) covered[FOCIL](https://eips.ethereum.org/EIPS/eip-7805) testing and implementation updates. - [Agenda](https://github.com/ethereum/pm/issues/1964) by[Jihoon Song](https://x.com/jih2nn) - [Thread](https://x.com/jih2nn/status/2031765457817251896) by[Jihoon Song](https://x.com/jih2nn) - [Glamsterdam Repricings #3, Mar 4, 2026](https://www.youtube.com/watch?v=YZVMejueYmk) hosted by[Maria Inês Silva](https://x.com/misilva73) covered updates related to[EIP-7904](https://eips.ethereum.org/EIPS/eip-7904),[EIP-8037](https://eips.ethereum.org/EIPS/eip-8037), and[EIP-8038](https://eips.ethereum.org/EIPS/eip-8038). - [Agenda](https://github.com/ethereum/pm/issues/1959) by[Maria Inês Silva](https://x.com/misilva73) # Other - [EthIQ](https://ethiq.ethpandaops.io/) by [EthPandaOps](https://ethpandaops.io/) introduces a benchmark that measures how well different AI models understand Ethereum protocol internals. - [Blog pots](https://ethpandaops.io/posts/introducing-ethiq/) by [Sam Calder-Mason](https://x.com/samcmau), [parithosh](https://x.com/parithosh_j) and [Stefan](https://github.com/qu0b) - [Thread](https://x.com/ethPandaOps/status/2029489840715440502) by [EthPandaOps](https://ethpandaops.io/) * * * ✉ [**Sign up here**](https://flashbots.net/the-mev-letter) if you’d like to get The MEV Letter straight to your inbox! 🔮 [Explore previous editions via The MEV Letter explorer](https://collective.flashbots.net/t/explorer/100) ⚡ [Join Flashbots](https://www.flashbots.net/jobs)