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 for deeper dives into updates related to Flashbots.
Papers & Articles
- Flashbots Transparency Report: SUAVE Centauri, MEV-Share CTF, PBS Guild & EthCC by Fred provides an update on the research and developments from Flashbots over the past two months.
- New trends in decentralized exchange applications; exploring the design space by Sergio Yuhjtman introduces the concept of an “Integral DEX”; enabling permissionless fillers to batch multiple trade orders and AMM swaps into a single transaction to reduce costs and mitigate MEV.
- Powerful Intents: Part 1 by Brink explores the future of intent-based architectures by delving into conditional-, continuous- and multi-step intents, as well as mapping relationships across intents with intent graphs.
- Blobspace 101 by Dom provides a detailed introduction to EIP-4844, the concept of blobspace, data availability sampling, and how things will evolve further with full danksharding.
- TEE Rollups: Fixing Access Patterns in TEE-based Smart Contracts with Off-chain Computing by Nerla Jean-Louis and Yunqi Li dives into tee-offchain, the TEE-project which won the First Place of the 2023 IC3 Blockchain Camp Hackathon.
Posts & threads
- Data Transparency Working Group - kickoff by SajZ introduce a working group dedicated to improving the transparency and API-standardization in the MEV supply chain, with a focus on OFAs and block builders.
- Tweet-thread by SajZ
- Introducing: eth2-package - get a private testnet with native support for mev-boost infra by Derek Lee announces eth2-package – a way to deploy private Ethereum testnets with MEV Boost infrastructure and support for all major EL- and CL clients.
- Fees and CoW bonding for MEVBlocker is a proposal to have block builders pay a fee and convert part of their profit to CoW tokens in order to receive orderflow from MEVBlocker.
- Robert Miller published a thead on how searchers are extracting MEV on friends.tech by watching for new accounts and spamming the sequencer to backrun.
- Patrick Collins published a thread on how users can utilize Flashbots Protect to not get frontrunned in the public mempool.
Talks & Discussions
- MEV-Boost Community Call #5 hosted by Alex Stokes discussed the Deneb/Cancun upgrade, optimistic relay, PBS emulation, the PBS Guild proposal, and more.
- Forum thread by stokes with agenda and details
- How CoWs Will Save DeFi Swaps by 0xResearch invited Felix Leupold to explore how CoWSwap enables gasless transactions and protects users from MEV through batch auctions, solvers and unified token prices within blocks.
- Intent-based Nitro Hackerhouse hosted by SevenX Ventures at SBC is week-long hackerhouse with presentations and discussions related to MEV, ZK and account abstraction.
Other
- Transaction Boost by Blocknative is a RPC that users can connect to in order to send private transactions to multiple RPCs and OFAs simultaneously, and monitor their transaction status.
- Searcher.pics by winnster is a dashboard that visualize searcher-builder relationships in MEV-Boost.
- Friend.Tech Analysis (MEV, Volume, Revenue, Impact on BASE) presents analytics on the activity on friend.tech, including the number of bots sniping new profiles and the MEV extracted.
- friend.tech mempool sniper bot by cheb and Rage is a mempool sniper for friend.tech that utilized the mempool leak of Base to listen to ETH transfers and cross-referencing this to the number of followers.
- Univ2-Tri-Arb by duoxehyon is a triangular arbitrage bot for Uniswap v2, providing a general framework for DEX triangular arbitrage.
- first.lol is an experimental MEV-game on Zora where users compete to claim blocks, the address with the most claimed blocks after the event ends will receive a prize of 9.99ETH.
- Web3-data-tools by Andres Babino is a library that provides a web3 wrapper to handle multiple RPCs as well as a way to map timestamps with block numbers.
Upcoming events
- Aug 31: MEV-SBC workshop aims to highlight important MEV research done in the past year and talks that will illuminate a new round of research problems the community should prioritize.
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