# The MEV Letter #23 **URL:** https://collective.flashbots.net/t/the-mev-letter-23/2892 **Category:** The Flashbots Ship **Tags:** links, the-mev-letter **Created:** [January 13, 2024, 10:42pm UTC](https://collective.flashbots.net/t/the-mev-letter-23/2892 "2024-01-13T22:42:56Z") **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: [January 13, 2024, 10:42pm UTC](https://collective.flashbots.net/t/the-mev-letter-23/2892/1 "2024-01-13T22:42:56Z")
_ **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. * * * # Papers & Articles - [FRP-35: Pair Trading Opportunities as a form of MEV](https://collective.flashbots.net/t/frp-35-pair-trading-opportunities-as-a-form-of-mev/2887) by [Antero Eloranta](https://www.linkedin.com/in/antero-eloranta/) analyzes pair trading opportunities on DEXes and how searchers can profit from price discrepancies. - [Paper](https://github.com/AnteroE/FRP-35/blob/main/paper/FRP35.pdf) by [Antero Eloranta](https://www.linkedin.com/in/antero-eloranta/) - [A Study of MEV Extraction Techniques on a First-Come-First-Served Blockchain](https://arxiv.org/abs/2308.06513) by [Burak Öz](https://arxiv.org/search/cs?searchtype=author&query=%C3%96z,+B), [Filip Rezabek](https://arxiv.org/search/cs?searchtype=author&query=Rezabek,+F), [Jonas Gebele](https://arxiv.org/search/cs?searchtype=author&query=Gebele,+J), [Felix Hoops](https://arxiv.org/search/cs?searchtype=author&query=Hoops,+F) and [Florian Matthes](https://arxiv.org/search/cs?searchtype=author&query=Matthes,+F) explores how MEV strategies vary between blockchains using FCFS and fee-based sequencing. - [Value-Capturing Based Rollups with Based Preconfirmations](https://collective.flashbots.net/t/value-capturing-based-rollups-with-based-preconfirmations/2884) by [Conor McMenamin](https://twitter.com/ConorMcMenamin9) outlines a protocol which allows for based preconfirmations, while ensuring the based rollup captures much of the value generated from block building. - [Heuristics for Detecting Censorship](https://hackmd.io/@potuz/BkpzmOgK6) by [Potuz](https://twitter.com/potuz1) gives an overview of relay censorship and presents a set of heuristics that EL-clients could use to detect and counteract censorship. - [Thread](https://twitter.com/potuz1/status/1746277820668797357) by [Potuz](https://twitter.com/potuz1) - [Analyzing Missed Slot Through The Lens of Relays – A potential path for relay incentivization](https://ethresear.ch/t/analyzing-missed-slot-through-the-lens-of-relays-a-potential-path-for-relay-incentivization/18257) by [ballsyalchemist](https://twitter.com/ballsyalchemist) highlight the lack of incentives for relays and presents possible solutions through a relay mesh network and collecting penalties from proposers that miss their slot. - [Thread](https://twitter.com/ballsyalchemist/status/1744875379792187408?s=52) by [ballsyalchemist](https://twitter.com/ballsyalchemist) - [Correctly pricing blockspace in a causally parallel world](https://blog.20squares.xyz/correctly-pricing-txs-parallel/) by [Fabrizio Genovese](https://twitter.com/fabgenovese) and [Daniele Palombi](https://www.linkedin.com/in/daniele-palombi-57b5881b6/?originalSubdomain=it) explores how emerging trends like a parallelized-EVM could impact blockspace pricing, incentive design, and the concept of causality. - [Flashbots x Axelar - SUAVE Bridge Proposal](https://collective.flashbots.net/t/suave-bridge/2696/7) by [Georgios Vlachos](https://twitter.com/yorgosv_) details a proposal for SUAVE to use [Axelar](https://twitter.com/axelarnetwork) for cross-chain use-cases. - [The Cross-Domain Thesis Part 3.1: Ordering](https://maven11.mirror.xyz/4EWfWgqJGNQufJOXe66aqmYTttu9r0o3sArMLZVbNyo) by [Maven11 Research](https://twitter.com/maven11capital) looks at how Verifiable Sequencing Rules (VSRs) could be used to enforce ordering in a modular, cross-domain world. - [Uniswap ALM Analysis](https://www.gauntlet.xyz/resources/uniswap-alm-analysis) by [Gauntlet](https://twitter.com/gauntlet_xyz) delves into the landscape of Automated Liquidity Management (ALM) on Uniswap by analyzing [Arrakis](https://beta.arrakis.finance/vaults), [Gamma](https://www.gamma.xyz/) and [Mellow](https://mellow.finance/). - [Thread](https://twitter.com/gauntlet_xyz/status/1745136217367457914?s=52) by[Gauntlet](https://twitter.com/gauntlet_xyz) - [MEV-aware Information Technology](https://tokiwa.substack.com/p/mev-aware-information-technology?utm_source=profile&utm_medium=reader2) by[magic](https://twitter.com/magicdhz) explores the concept of _MEV-aware_ protocols and describes how SUAVE provides users with programmable privacy and allows them to capture MEV. - [Thread](https://twitter.com/magicdhz/status/1745546085320519928) by[magic](https://twitter.com/magicdhz) - [Introducing Khalani: The Decentralized Solver Infrastructure](https://blog.khalani.network/introducing-khalani-the-decentralized-solver-infrastructure) by [Kevin Wang](https://twitter.com/knwang) presents [Khalani Network](https://twitter.com/khalani_network) as a decentralized solvers infrastructure for intent-driven generative coordination. - [Thread](https://twitter.com/khalani_network/status/1744454975709761709?t=2zV_zwlUPjWXpbc_6bYrOQ&s=19) by [Khalani Network](https://twitter.com/khalani_network) # Posts & Threads - [Danning Sui](https://twitter.com/sui414) published a [thread](https://twitter.com/sui414/status/1745367384507236652?s=52) that categorizes different eras in the block building market and highlights a new trend with actors that are aggressively subsidizing their bids. - [SMG](https://twitter.com/specialmech) published a [thread](https://twitter.com/specialmech/status/1744494308466798953?s=52) that details the loss of $500k from a searcher due to CEX-DEX arbitrage going wrong. - [Chris Hager](https://twitter.com/metachris) published a [post](https://twitter.com/metachris/status/1745759256576495866) to highlight the upcoming [MEV-Boost v1.7](https://github.com/flashbots/mev-boost/issues/605) release for Goerli proposers ahead of the Dencun upgrade. - [Cryptic Woods](https://twitter.com/crypticwoods_) published a [thread](https://twitter.com/crypticwoods_/status/1745327958305419272?s=52) that details how a searcher extracted 155 ETH from backrunning an out-of-range liquidity provision on Uniswap v3. # Talks & Discussions - [Recordings](https://www.youtube.com/playlist?list=PLpktWkixc1gX-L5NT-vuDP54kW--3gDnK) have been uploaded from [Columbia CryptoEconomics Workshop 2023](https://events.columbia.edu/cal/event/showEventMore.rdo;jsessionid=TlDpI4CGdNYw1o_cF1BvAZKl5Wmhq3JC1P4CyTqa.calprdapp08) with talks and panels on MEV, PBS, restaking and more. - [Wen Building: Are We Heading Towards the MEV Dystopia? A Deep Dive into the Complexities in MEV Supply Chain & Available Mitigations](https://wenbuilding.simplecast.com/episodes/ep9-the-mev-dystopia) invites [Danning Sui](https://twitter.com/sui414) to give an overview of the current landscape of MEV, OFAs, private mempools and the rise of integrated searcher-builders. - [Thread](https://twitter.com/Antalpha_Labs/status/1745860299927028047) by [Antalpha Labs](https://twitter.com/Antalpha_Labs) - [Scraping Bits](https://twitter.com/ScrapingBits): [Dimensional MEV: Validators Can Sell Future Blockspace?](https://rss.com/podcasts/scrapingbits/1275761/) invites [nate](https://twitter.com/0xperp) to discuss the benefits and potential risks of having a market for future blockspace. # Other - [Titania Research House](https://scandalous-stick-9ab.notion.site/Titania-Research-House-5b743c729e154200be7c3efbd1169592) by [Titania Research](https://scandalous-stick-9ab.notion.site/Titania-Research-Homepage-587cd20f07b14d259fa7d5c8d9646fc9) is a series of IRL workshops throughout January on the topics of [SUAVE](https://lu.ma/rxl0umex), [LVR](https://lu.ma/pmydywla), [PBS](https://lu.ma/bwdja6lp), [L2 PBS](https://lu.ma/23052ov2) and [relays](https://lu.ma/y8cpjjqa). - [Thread](https://twitter.com/keccak254/status/1744730513389355049?s=52) by [vita](https://twitter.com/keccak254) * * * ✉ [**Sign up here**](https://flashbots.net/the-mev-letter) if you’d like to get The MEV Letter straight to your inbox! 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