# The MEV Letter #142

**URL:** https://collective.flashbots.net/t/the-mev-letter-142/5765
**Category:** The Flashbots Ship
**Tags:** the-mev-letter
**Created:** [June 10, 2026, 11:23pm UTC](https://collective.flashbots.net/t/the-mev-letter-142/5765 "2026-06-10T23:23:22Z")
**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: [June 10, 2026, 11:23pm UTC](https://collective.flashbots.net/t/the-mev-letter-142/5765/1 "2026-06-10T23:23:22Z")

</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.

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# Papers & Articles

- [To Wait or To Probe: Arbitrage Competition on High-Throughput Blockchains](http://arxiv.org/abs/2606.00720v1) by @m1kuwill and @boz1 studies arbitrage competition on high-throughput blockchains and models how protocol design affects competition between _targeted_ and _probabilistic_ arbitrage strategies.
  - [Forum post](https://collective.flashbots.net/t/to-wait-or-to-probe-arbitrage-competition-on-high-throughput-blockchains/5759) by @m1kuwill and @boz1
  - [Thread](https://x.com/William33203632/status/2063959054066532423) by @m1kuwill

- [Crypto x AI, AI x Crypto: A Survey](https://aic3.io/crypto-x-ai-survey.pdf) by @sarah.allen, [Pranay Anchuri](https://x.com/pranaytej), [James Austgen](https://www.cs.cornell.edu/~james/), [Maryam Bahrani](https://x.com/bahrani_maryam), [Samuel Breckenridge](https://x.com/sjbreck), [Aaron Buchwald](https://x.com/AaronBuchwald), [Christian Cachin](https://x.com/cczurich), [Andrés Fábrega](https://www.linkedin.com/in/andresfabrega/), [Jared Fernandez](https://www.jaredfern.com/), [James Hsin-yu Chiang](https://jachiang.github.io/), [Marwa Mouallem](https://marwamou.github.io/), [Roi Bar-Zur](https://roibarzur.github.io/), [Neil DeSilva](https://x.com/desilvaneil), [Ittay Eyal](https://x.com/ittayeyal), [Giulia Fanti](https://x.com/giuliacfanti), [Ari Juels](https://www.arijuels.com/), @socrates1024, [Christian Sillaber](https://christiansillaber.com/), [Dani Vilardell](https://x.com/danivilardell77), [Pramod Viswanath](https://x.com/viswanathpramod), [Wenhao Wang](https://x.com/0xWenhaoWang), [Matt Weinberg](https://www.cs.princeton.edu/~smattw/), @syang, [Jianzhu Yao](https://www.linkedin.com/in/jianzhu-yao-369243290/), and [Fan Zhang](https://www.fanzhang.me/) surveys the evolving crypto - AI intersection, assessing how AI can improve blockchain systems, how crypto can secure AI pipelines, and which open research questions remain unresolved.
  - [Crypto × AI, AI × Crypto Survey Assistant](https://aic3.io/) by [IC3](https://ic3research.org/)
  - [Post](https://x.com/initc3org/status/2063991036242706743) by [IC3](https://ic3research.org/)
  - [Thread](https://x.com/AriJuels/status/2063993142748045577) by [Ari Juels](https://www.arijuels.com/)
  - [Thread](https://x.com/giuliacfanti/status/2064137802116120945) by [Giulia Fanti](https://x.com/giuliacfanti)

- [Trustless payments and relays](https://collective.flashbots.net/t/trustless-payments-and-relays/5761) by @Christoph, @0xSybil and [Minghao Pan](https://scholar.google.com/citations?user=glJ6EesAAAAJ&hl=en) analyzes how [ePBS](https://eips.ethereum.org/EIPS/eip-7732) changes Ethereum block auctions, with trustless in-protocol payments constraining relay design and shifting builder competition toward sealed first-price bidding.
- [The Whys Behind Ethereum’s Consensus Design](https://x.com/with_blockmedia/status/2063908413835538884) by [Luca Zanolini](https://lucazanolini.com/) outlines the design philosophy of Ethereum consensus, and explains how separating block production from finality helps avoid halts and recover automatically.
  - [Post](https://x.com/luca_zanolini/status/2063924952835764576) by [Luca Zanolini](https://lucazanolini.com/)

- [The Beacon API Is Lying to You About Validator States](https://www.migalabs.io/blog/validator-states) by [MigaLabs](https://www.migalabs.io/) explores how the deposit pipeline works, and proposes updates to the [Beacon API](https://ethereum.github.io/beacon-APIs/) to improve accuracy.
  - [Post](https://x.com/miga_labs/status/2064719211344085438) by [MigaLabs](https://www.migalabs.io/)

- [Liquidity You Can Compose With: Why (Onchain) CLOBs Beat RFQ as DeFi Infrastructure](https://blog.risechain.com/liquidity-you-can-compose-with-why-onchain-clobs-beat-rfq-as-defi-infrastructure/) by[Grigory Prelovskiy](https://blog.risechain.com/author/grigory/) compares CLOB and RFQ as liquidity architectures for onchain perps, arguing that CLOB is the better foundation for composable and synchronous markets.

# Posts & Threads

- [IC3](https://ic3research.org/) published a [thread](https://x.com/initc3org/status/2062609868704579862) highlighting a presentation by @socrates1024 during [IC3 Blockchain Camp 2026](https://ic3research.org/ic3-blockchain-camp-2026/) on the state of TEEs, private inference, and hardware.
- [IC3](https://ic3research.org/) published a [post](https://x.com/initc3org/status/2064347785227333848) sharing project updates from [Shape Rotator](https://shaperotator.xyz/) hosted by [IC3](https://ic3research.org/), [Flashbots](https://www.flashbots.net/), The Convent, and [Blockchain Builders Fund](https://www.blockchainbuilders.fund/) for advanced cryptography and AI builders to turn research into products.

# Talks & Discussions

- [Recordings](https://www.youtube.com/playlist?list=PLJb8oeJ4LPI-wPE0VCGeSj_WNCJwheV6H) from [ETHCluj 2026](https://www.ethcluj.org/) have been uploaded:
  - [Maintaining Ethereum’s Future](https://youtu.be/S5gCbHNkd_Y?si=KCMzDo_k8f-Pphjf) by [Cheeky Gorilla](https://x.com/cheekygorilla0x)
  - [Understanding Glamsterdam](https://youtu.be/0ghVvB80jPs?si=7hemo0SLM9JGQitc) by [Milos Stankovic](https://x.com/MorphNetrunner)
  - [Panel: L2s: Scaling Ethereum in Practice](https://youtu.be/LkCzYHsja3s?si=SSre3JArXeNWKZGU) with [Sinkas](https://x.com/Sinkas_), [Krzysztof Urbański](https://x.com/kaereste), [Andrei Duma](https://x.com/0xCerberus) and [Jan Gorzny](https://x.com/jgorzny)
  - [Panel: Why Privacy Is Still Hard and Will It Improve](https://youtu.be/A-fvKfU-qn0?si=MuMOCVX0rlvk9LY3) with [Roxana Nasoi](https://x.com/roxananasoi), [Mike McCabe](https://x.com/0xmikemcc), [Robert de Groot](https://x.com/robdotrego), [Steffen Kux](https://x.com/SteffenKux) and [Gavin Birch](https://x.com/Ether_Gavin)

- [All Core Devs - Execution (ACDE) #238, June 4, 2026](https://www.youtube.com/watch?v=FIiT1ZRsiDE) hosted by [Ansgar Dietrichs](https://x.com/adietrichs) discussed updates from Glamsterdam devnets, Hegotá non-headliner proposals, and more.
  - [Agenda](https://github.com/ethereum/pm/issues/2076) by [nixo.eth](https://x.com/nixorokish)
  - [Notes](https://etherworld.co/highlights-from-the-all-core-developers-execution-acde-call-238/) by [Yash Kamal Chaturvedi](https://x.com/YashKamalChatu1)
  - [Notes](https://christinedkim.substack.com/p/acde-238) by [Christine D. Kim](https://x.com/christine_dkim)

- [All Core Devs - Testing (ACDT) #82, June 8, 2026](https://www.youtube.com/watch?v=yts35kcMdXw) hosted by [Mario Vega](https://x.com/elbuenmayini) covered updates from [bal-devnet-7](https://notes.ethereum.org/@ethpandaops/bal-devnet-7), [glamsterdam-devnet-5](https://notes.ethereum.org/@ethpandaops/glamsterdam-devnet-5), and discussed specification changes and client implementations.
  - [Agenda](https://github.com/ethereum/pm/issues/2103) by[Justin Traglia](https://x.com/JustinTraglia)
  - [ACDT #82 (CL Breakout)](https://www.youtube.com/watch?v=WYVjX_QuIQo)
  - [ACDT #82 (EL Breakout)](https://www.youtube.com/watch?v=GZ8EHWnUx_k)

- [Encrypt The Mempool #5, June 10, 2026](https://www.youtube.com/watch?v=d-VobQ3lKKU) hosted by[Justin Florentine](https://x.com/robocopsgonemad) discussed the latest updates related to [LUCID encrypted mempool](https://github.com/jflo/execution-specs/pull/1/).
  - [Agenda](https://github.com/ethereum/pm/issues/2105) by[Justin Florentine](https://x.com/robocopsgonemad)

# Other

- [Private Transfers Analysis](https://private-transfers.pse.dev/) by[Privacy Stewards of Ethereum](https://pse.dev/) is a dashboard that compares privacy-focused transfer protocols.
  - [Thread](https://x.com/PrivacyEthereum/status/2058942297425813844) by[Privacy Stewards of Ethereum](https://pse.dev/)

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