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.
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Papers & Articles
- Position Paper: Denial-of-Service Against Multi-Round Transaction Simulation by Yuzhe Tang, Yibo Wang, Wanning Ding, Jiaqi Chen, and Taesoo Kim studies asymmetric DoS attacks against multi-round block builders and develops a low-cost, evasive attack on Flashbots’ bundling service by exploiting inter-transaction dependencies through contract state.
- Capacity oracles by Maryam Bahrani and Mike Neuder introduce mechanisms for protocols to estimate supply capacity through randomized audits of supplier claims with rewards and slashing penalties.
- The case for a variable PTC deadline with affine metering and a unified calldata price by Anders Elowsson makes the case for using a variable PTC deadline together with a single unified calldata price to increase throughput under ePBS.
- The Blockchain Execution Dilemma: Optimizing Revenue XOR Fair Ordering by Artjom Pugatsov, Can Umut Ileri, and Jérémie Decouchant presents a chain-independent sequencing framework designed to increase validator profit and reduce congestion.
- The Monotone Priority System: Foundations of Contract-Specific Sequencing by Naveen Durvasula presents an ACE framework using contract-specific sequencing constraints to enable developers to assign priorities to individual contract function calls within a block.
- Prediction Market Accuracy: Crowd Wisdom or Informed Minority? by Roberto Gomez Cram, Yunhan Guo, Theis Ingerslev Jensen, and Howard Kung examines price discovery in prediction markets and finds that around 3% of accounts account for the bulk of price discovery.
- Latency cost of censorship resistance by Ittai Abraham, Yuval Efron, and Ling Ren derives a 5-round lower bound for achieving censorship resistance in partially synchronous BFT consensus protocols.
Posts & Threads
- @dataalways published a thread analyzing an evasive sandwich bot that attacks victims who use private mempools, highlighting the need for stronger cryptographic guarantees around order flow.
- Protocol Support Team published a thread summarizing the progress of validator consolidation since MaxEB was introduced in Pectra, noting that 25% of staked ETH has now been consolidated to 1.25% of validators.
- Privacy Boost published a thread detailing how Privacy Boost achieves auditable onchain privacy using ZK proofs to batch and conceal transaction data, and TEEs for fast proving and indexing.
Talks & Discussions
- Recordings from Blockspace Forum Cannes have been uploaded:
- Blockspace Forum Kick-off by Kubi Mensah
- Inside The Pipeline: Data Driven Truths Of The Ethereum Supply Chain by Lorenzo and Christian
- GWEI-GPT Ethereum Transaction Rails In An AI World by Alex Stokes
- Enshrining PBS: Consensus Under Fire by Terence Tsao and Alex
- EIP-7928 Block-level Access Lists And What It Means For Builders by Toni Wahrstätter
- The Institutional Whisperer: What Wall Street Actually Thinks Of Your Roadmap with Zach Pandl and nixo.eth
- Issuance And Why The Transaction Pipeline Should Care by Jerome de Tychey
- The Proof Is In The Building by Sean Anderson
- I Can See All Your Transactions: Privacy And What Institutions Need by Mo
- Panel: Is It Just Exclusive Flow? Builder Competition Now And In The Future with Michael Moser, Kubi Mensah, Kevin Lepsoe, @Quintus and 0xprincess
- Justin Drake’s View On Blockspace A Fireside Chat With Fede On The Ethereum Transaction Rails with Justin Drake and Fede’s intern
- Thread by Blockspace Forum
- All Core Devs - Execution (ACDE) #235, April 23, 2026 hosted by Ansgar Dietrichs discussed the launch of Glamsterdam-devnet-0, non-headliner Hegotá proposals, and more.
Other
- Cross-Chain Transactions by Etherscan is a dashboard tracking cross-chain volumes across 28 chains and 15 bridges over time.
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