# The MEV Letter #15

**URL:** https://collective.flashbots.net/t/the-mev-letter-15/2616
**Category:** The Flashbots Ship
**Tags:** links, the-mev-letter
**Created:** [November 7, 2023, 12:13pm UTC](https://collective.flashbots.net/t/the-mev-letter-15/2616 "2023-11-07T12:13:33Z")
**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: [November 7, 2023, 12:13pm UTC](https://collective.flashbots.net/t/the-mev-letter-15/2616/1 "2023-11-07T12:13:33Z")

</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.

See our [Transparency Reports](https://collective.flashbots.net/tag/transparency-report) for deeper dives into updates related to Flashbots.

# Papers & Articles

- [Exploring paths to a decentralized, censorship-resistant, and non-predatory MEV Ecosystem](https://ethresear.ch/t/exploring-paths-to-a-decentralized-censorship-resistant-and-non-predatory-mev-ecosystem/17312) by [Alex Watts](https://twitter.com/ThogardPvP) analyzes the game theory of [FastLane on Polygon](https://twitter.com/0xPFL) and explores how the same concepts could be combined with a new style of ePBS on Ethereum.
- [The Influence of CeFi-DeFi Arbitrage on Order-Flow Auction Bid Profiles](https://ethresear.ch/t/the-influence-of-cefi-defi-arbitrage-on-order-flow-auction-bid-profiles/17258) by [Data Always](https://twitter.com/Data_Always) dives into the rise of integrated searcher-builders, their win rate in OFAs, and the potential impact of MEV-burn.
- [Searcherbuilder.pics: an Open-Source Dashboard on Searcher-Builder Relationship & Searcher Dominance](https://ethresear.ch/t/searcherbuilder-pics-an-open-source-dashboard-on-searcher-builder-relationship-searcher-dominance/17288) by [winnster](https://twitter.com/winnsterx) presents the methodology behind [searcherbuilder.pics](https://www.searcherbuilder.pics/) and shares findings from a recent two-week period.
- [Dynamic Fee Solutions for AMMs](https://mirror.xyz/daftary.eth/KBE1XT_Za1Vhg2cySnYxyviuZ8BewiyKq_c8uUiryFc) by [Neel Daftary](https://twitter.com/DaftaryNeel) delves into how dynamic fees could enhance the profitability of LPs by mitigating the negative effects of LVR and impermanent loss.
- [Eyes and Orders: On Crypto Front-ends](https://figmentcapital.medium.com/eyes-and-orders-on-crypto-front-ends-a248038bb90d) by [Trace](https://twitter.com/tracecrypto1) explore the role of front-ends in the transaction supply chain and possible ways for them to monetize through PFOF and OFAs.
  - [Thread](https://twitter.com/tracecrypto1/status/1721538800436838706) by [Trace](https://twitter.com/tracecrypto1)

# Posts & threads

- [SaharAP](https://collective.flashbots.net/u/saharAP) [announced](https://collective.flashbots.net/t/frp-25-quantifying-fairness-granularity-for-first-come-first-serve-fcfs-chains/1615/2) the completion of [FRP-25: Quantifying Fairness Granularity For First-Come-First-Serve (FCFS) Chains](https://collective.flashbots.net/t/frp-25-quantifying-fairness-granularity-for-first-come-first-serve-fcfs-chains/1615) with a summary of the research before the publication of their paper.
- [YannickCrypto](https://twitter.com/YannickCrypto) published a [thread](https://twitter.com/YannickCrypto/status/1718861934949183819?t=IvbZh7qUwiwY-CHmvmYONA&s=19) detailing how they managed to save 66 ETH from an attack on an arbitrage bot.
- [Shea Ketsdever](https://twitter.com/SheaKetsdever) [announced](https://twitter.com/SheaKetsdever/status/1718998470210519158) improvements to the UX that activates [Flashbots Protect _fast mode_.](https://docs.flashbots.net/flashbots-protect/quick-start#using-flashbots-protect)
- [Ballsyalchemist](https://twitter.com/ballsyalchemist/) published a [post](https://twitter.com/ballsyalchemist/status/1720233443894976575?s=52) that provides an overview of the proposals submitted from the Aztec community for a decentralized prover coordination mechanism.
- [Danning Sui](https://twitter.com/sui414) published a [post](https://x.com/sui414/status/1721258824735375625?s=52) to highlight the sharp decrease in the amount of empty blocks as a result of the Merge and MEV-Boost.
- [Chris Powers](https://twitter.com/powers_chris) published a [thread](https://twitter.com/powers_chris/status/1719000904299364383?s=46) summarizing their latest post; [Will MEV mitigation destroy on-chain liquidity?](https://doseofdefi.substack.com/p/will-mev-mitigation-destroy-on-chain)
- [bloXroute Labs](https://twitter.com/bloXrouteLabs) published a [thread](https://twitter.com/bloXrouteLabs/status/1720078166327538145) on relay incentivization as a reply to [The Pursuit of Relay Incentivization](https://mirror.xyz/0xE21b1e6f471EDeF18264e9BBe51b7fA7643EE6B5) by [Ballsyalchemist](https://twitter.com/ballsyalchemist/).
- [Oisín Kyne](https://twitter.com/OisinKyne) [announced](https://twitter.com/oisinkyne/status/1719008078765441301?s=46) the first [block](https://etherscan.io/block/18450364) sourced from MEV-Boost and proposed by a distributed validator on mainnet.

# Talks & Discussions

- [Archetype](https://twitter.com/archetypevc): [Shea Ketsdever of Flashbots: The MEV Supply Chain](https://www.youtube.com/watch?v=edS3afE_h_E) invites [Shea Ketsdever](https://twitter.com/SheaKetsdever) for a deep dive into the MEV supply chain, SUAVE, OFAs, and the future of programmable privacy.
- [Uniswap Labs](https://twitter.com/Uniswap): [Research Hours: Research Deep Think](https://twitter.com/Uniswap/status/1720487736132694475) hosted by [Xin Wan](https://twitter.com/xin__wan) invites [Danning Sui](https://twitter.com/sui414), [Raffi Sapire](https://twitter.com/RaffiSapire), [Tarun Chitra](https://twitter.com/tarunchitra) and [Ariah Klages-Mundt](https://twitter.com/aklamun) to discuss DeFi, stablecoins and [tldresear.ch](https://twitter.com/thelatestindefi).
- [CBER Forum](https://twitter.com/CBER_Forum): [Scaling Ethereum: Rollup Economics](https://www.youtube.com/watch?v=VFa9CuuTWEM) by [Barnabé Monnot](https://twitter.com/barnabemonnot) gives an overview of the economics associated with rollups, as well as data availability, censorship resistance and MEV.
  - [Slides](https://docs.google.com/presentation/d/1ixyTEcivnvWMShcLHln0g_zfN3_aQYUlbhagC35PQJw/edit) by [Barnabé Monnot](https://twitter.com/barnabemonnot)

- [Scraping Bits](https://twitter.com/ScrapingBits):
  - [Rollup Block Production MEV And Isolated Lending w/ Cog](https://rss.com/podcasts/scrapingbits/1191397/) invites [ControlCplusControlV](https://twitter.com/controlcthenv) to talk about MEV, DeFi and L2s.
  - [From Military To Web3 Whitehat: Strategies For Bug Hunting](https://rss.com/podcasts/scrapingbits/1191432/) invites [riptide](https://twitter.com/0xriptide) to discuss how to succeed as a whitehat with bug hunting and auditing.

- [The Machine Room Ep.1 ft Chorus One, SenseiNode & NodeSet](https://twitter.com/i/spaces/1YqxoDMXEDyKv) hosted by [StakeWise](https://twitter.com/stakewise_io) invites [Chorus One](https://twitter.com/ChorusOne), [NodeSet](https://twitter.com/NodeOperators) and [SenseiNode](https://twitter.com/SenseiNode) to discuss their staking operations, MEV-Boost, geographic decentralization, LSTs and more.

# Other

- [Ethereum Mempool Dashboard](https://mempool.pics/#security) by [Toni Wahrstätter](https://twitter.com/nero_eth) provides insights into Ethereum’s mempool, exclusive orderflow, and the actors involved.
  - [Post](https://twitter.com/nero_eth/status/1719360118976880961) by [Toni Wahrstätter](https://twitter.com/nero_eth)

- [MEV Sandwich Trades](https://dune.com/hildobby/sandwiches) by [hildobby](https://twitter.com/hildobby_) showcases metrics for single-block sandwiches across DEXes.
  - [Thread](https://twitter.com/hildobby_/status/1719680541719400640?s=52) by [hildobby](https://twitter.com/hildobby_)

- [Allow honest validators to reorg late blocks](https://github.com/ethereum/consensus-specs/pull/3034) by [Michael Sproul](https://twitter.com/sproulM_) has been added to the [Ethereum consensus spec](https://github.com/ethereum/consensus-specs) and allows validators to purposefully reorg the last block if they saw that it was published late.
  - [Thread](https://x.com/sproulM_/status/1720604070207950883?s=20) by [Michael Sproul](https://twitter.com/sproulM_)

- [Bid adjustment](https://gist.github.com/blombern/c2550a5245d8c2996b688d2db5fd160b) by [Niclas Blomberg](https://gist.github.com/blombern) is an experimental feature for the [ultra sound relay](https://relay.ultrasound.money/) that adjusts the bid to the second highest and capture the difference.

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