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
- An Analysis of Intent-Based Markets by Tarun Chitra, Kshitij Kulkarni, Mallesh Pai and Theo Diamandis explores solver dynamics in intent-based markets and presents two formal models of solvers’ strategic behavior.
- Thread by Tarun Chitra
- Thread by Grug
- Thread by Alcibiades
- am-AMM: An Auction-Managed Automated Market Maker by Austin Adams, Ciamac Moallemi, Sara Reynolds and Dan Robinson presents an AMM design that reduces LVR through an onchain auction for the right to configure, and receive pool fees.
- Considering Client Diversity through the lens of Network Performance by U. Natale and G. Sofia explores the impact of client diversity on network resilience and the effect on timing games.
- Thread by Chorus One
- Economic Analysis of Execution Tickets by Jonah Burian and Davide Crapis provides an economic analysis of Execution Tickets with a framework that captures different configurations of the allocation and lottery mechanisms.
- Based Espresso: ad-hoc shared sequencing for all L2s, from based rollups to validiums by Ben Fisch presents Espresso’s shared sequencing marketplace for Layer 2s.
- TEE coprocessors or “Confidential Compute” by tumilet delves into TEE coprocessors with a focus on L2s, AI, DePiN, Automata, and SUAVE.
- Censorship on L1 and Inclusion List by Terence Tsao defines different types of censorship and provides an overview of the proposed mechanisms to increase censorship resistance.
Posts & Threads
- Bridging Over the IBC by Sydney Sweck proposes IBC as a bridge for SUAVE to facilitate cross-chain communication.
- Dogan published a thread that argues for SUAVE to implement account abstraction either through RIP-7560 or by running a 4337 bundler inside SGX.
- Toni Wahrstätter published a post to highlight that 40% of blocks are currently built by censoring builders and argues for inclusion lists to be added in Electra.
Talks & Discussions
- MEV.market hosted by Flashbots and Nethermind was a full day event with talks and panels on MEV, order flow, PBS, SUAVE, and more.
- Ethereum Sequencing and Preconfirmations Call #3 hosted by Justin Drake included an update on the based ecosystem followed by a presentation by Alex Gluchowski on concerns related to based sequencing.
- Notes by Drew Van der Werff and Sam Jernigan
- Notes by Profesor Utonio
- MEV & threshold encryption with Project Shutter hosted by Espresso Systems invited Ellie Davidson, Luis Bezzenberger and Jannik for a conversation on Shutter and encrypted mempools.
- Scraping Bits: Cross-Chain Stat Arb, Solana MEV Searching, Block Building invited anurag to discuss cross-chain statistical arbitrage, the future of block building, and more.
- Infinite Jungle: How Ethereum Validators Are Preparing for The Dencun Upgrade summarizes ACDC #129 and invited Terence Tsao for a discussion on inclusion lists and ePBS.
Other
- SUAVE Alpha Docs by Flashbots has been published and includes protocol specifications, tutorials, tools, and examples.
- Ethereum Sequencing & Preconfirmations Resources by mteam is a collection of resources related to sequencing and preconfirmations.
- Inclusion Lists PoC Specification by Mike Neuder describes the consensus, execution, and engine API specification for the Inclusion Lists Proof-of-Concept.
- Agnostic Relay by GnosisDAO is now live on Sepolia and Holešky.
Upcoming events
- March 14: CoLo: Next gen DEX day hosted by Flashbots and Fenbushi Capital will be an event dedicated to the latest advancements in DEX protocols with workshops to ideate specs for new designs.
- March 15-17: Flashbots is sponsoring 3 prizes at ETHGlobal London to build MEV and offchain applications on SUAVE.
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