# The MEV Letter #78 **URL:** https://collective.flashbots.net/t/the-mev-letter-78/4759 **Category:** The Flashbots Ship **Tags:** the-mev-letter **Created:** [March 11, 2025, 6:54pm UTC](https://collective.flashbots.net/t/the-mev-letter-78/4759 "2025-03-11T18:54:01Z") **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: [March 11, 2025, 6:54pm UTC](https://collective.flashbots.net/t/the-mev-letter-78/4759/1 "2025-03-11T18:54:01Z")
_ **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 - [Beyond Yocto: Exploring Mkosi for TDX Images](https://collective.flashbots.net/t/beyond-yocto-exploring-mkosi-for-tdx-images/4739) by @hulbert outlines the limitations of [Yocto](https://www.yoctoproject.org/) for building TDX images, and evaluates [Mkosi](https://github.com/systemd/mkosi) as a promising alternative that balances security, reproducibility, and developer experience. - [Post](https://x.com/fnerdman/status/1897253049229357371) by @fnerdman - [Post](https://x.com/bertcmiller/status/1897028958539145230) by @bert - [Post](https://x.com/metachris/status/1897210402389586313) by @metachris - [Using “Failure Costs” to Guarantee Execution Quality in Competitive and Permissionless Order Flow Auctions](https://arxiv.org/abs/2503.05338) by [Alex Watts](https://x.com/ThogardPvP), [Davide Sinesi](https://www.linkedin.com/in/davidesinesi), and [Jacob Greene](https://www.linkedin.com/in/jacob-greene-b2b55318b) presents a failure cost penalty mechanism for OFAs with an on-chain escrow system to improve execution quality and censorship resistance. - [Thread](https://x.com/ThogardPvP/status/1899245980127842798) by[Alex Watts](https://x.com/ThogardPvP) - [Economic Censorship Games in Fraud Proofs](https://arxiv.org/abs/2502.20334) by [Ben Berger](https://x.com/BenBerg07141321), [Ed Felten](https://x.com/EdFelten), [Akaki Mamageishvili](https://x.com/kakia1989), and [Benny Sudakov](https://people.math.ethz.ch/~sudakovb/) analyzes economic censorship in optimistic rollups where the attacker bribes block proposers to delay fraud proofs. - [Forum post](https://research.arbitrum.io/t/economic-censorship-games-in-fraud-proofs/9722) by [Ben Berger](https://x.com/BenBerg07141321) - [Thread](https://x.com/kakia1989/status/1897013848265408727) by [Akaki Mamageishvili](https://x.com/kakia1989) - [Preconfirmation Fair Exchange](https://ethresear.ch/t/preconfirmation-fair-exchange/21891) by [Conor McMenamin](https://x.com/ConorMcMenamin9) and [Lin Oshitani](https://x.com/linoscope) presents a framework for analyzing protocols that seek to enforce timely-fair exchange of preconfirmations. - [Thread](https://x.com/ConorMcMenamin9/status/1897681882872979925) by[Conor McMenamin](https://x.com/ConorMcMenamin9) - [Post](https://x.com/PBS_Foundation/status/1897710410624811056) by[PBS Foundation](https://pbs.foundation/) - [MEV: Scalable fair-ordered DAG Mempool (DAGPool)](https://ethresear.ch/t/mev-scalable-fair-ordered-dag-mempool-dagpool/21931) by [Chiro Hiro](https://x.com/Chiro8x) introduces a DAG-based mempool designed to enhance Ethereum’s scalability, transaction order fairness, and censorship resistance. - [Post](https://x.com/Chiro8x/status/1899316807741145146) by [Chiro Hiro](https://x.com/Chiro8x) - [Revert Protection for Rollup](https://titaniaresear.ch/revert-protection-for-rollup) by[Titania Research](https://titaniaresear.ch/) explains why revert protection for rollups is important, and outlines how[Rollup-Boost](https://writings.flashbots.net/introducing-rollup-boost) can filter these transactions before block inclusion. - [Thread](https://x.com/titaniaresearch/status/1898991703429935524) by[Titania Research](https://titaniaresear.ch/) - [Delayed Execution Design Tradeoffs](https://ethresear.ch/t/delayed-execution-design-tradeoffs/21877) by[Terence Tsao](https://terencecha.in/) evaluates the trade-offs between [EIP-7862](https://eips.ethereum.org/EIPS/eip-7862),[EIP-7886](https://eips.ethereum.org/EIPS/eip-7886), and[EIP-7732](https://eips.ethereum.org/EIPS/eip-7732) for delayed execution. - [Tycho Execution is live!](https://www.propellerheads.xyz/blog/tycho-execution-is-live) by [PropellerHeads](https://www.propellerheads.xyz/) introduces [Tycho Execution](https://docs.propellerheads.xyz/tycho/for-solvers/execution) as an open-source router enabling solvers, searchers, and traders to optimize multi-hop strategies across any DEX. - [Thread](https://x.com/PropellerSwap/status/1897671268226445714) by [PropellerHeads](https://www.propellerheads.xyz/) - [Designing Cross-L2 Interoperability Standards: The Impact of Shared Resources](https://research.2077.xyz/designing-cross-l2-interoperability-standards-the-impact-of-shared-resources) by [Whisker Yu](https://x.com/whisker17) examines the rapid growth of L2s and the proposed solutions to reduce fragmentation and enhance interoperability. - [Thread](https://x.com/2077Research/status/1899168354352464125) by [2077 Research](https://research.2077.xyz/) # Posts & Threads - [Behind the Code #1: 200ms and Counting: The Flash Block’s Boost for Rollups](https://x.com/francescoswiss/status/1897542699538112587) by [Francesco Andreoli](https://www.francesco-andreoli.com/) details Flashblocks’ use of TEEs and sequencer optimizations to enable near-instant confirmations and improved user experience - @tesa published a [thread](https://x.com/defin00b/status/1897683865445282205) sharing takeaways from [The Dirty Secret of Solver Markets](https://www.youtube.com/watch?v=KR_lkwy7dAM) by [Gregory Markou](https://x.com/gregthegreek) at [ETHDenver](https://www.ethdenver.com/). - [Barnabé Monnot](https://barnabemonnot.com/) published a [thread](https://x.com/barnabemonnot/status/1898109318966526330) sharing publications and collaborations by [EF Research](http://research.ethereum.foundation/) from the previous week. - [Jitter: Stop it with the dumb “latency” wars](https://x.com/burckmeister/status/1899466192361841063) by [burcκ](https://x.com/burckmeister) critiques the race for faster block times and argues that latency variance, as a result of decentralization, is the real bottleneck for DeFi. - [Murat Akdeniz](https://x.com/MuratLite) published a[thread](https://x.com/MuratLite/status/1899099933615202472) describing[mev-commit](https://github.com/primev/mev-commit)’s approach to solve the [timely-fair exchange problem](https://ethresear.ch/t/preconfirmation-fair-exchange/21891) via an attestation committee and encrypted mempools. - [The Latest in Defi Research](https://www.thelatestindefi.org/) published a[thread](https://x.com/thelatestindefi/status/1897717401875063083) highlighting an upcoming paper that defines key market-design properties for energy trading via an AMM, and proposes a mathematical framework for a local smart grid. - [GEE-yohm LAMB-bear](https://x.com/guil_lambert) published a [thread](https://x.com/guil_lambert/status/1897012853514629327) detailing the risk profiles and capital efficiency for three LP-strategies in a CLAMM like Uniswap v3/v4; _bullish_, _bearish_, and _delta-neutral_. # Talks & Discussions - [AI Data Summit](https://lu.ma/aidatasummit) hosted by [Vana](https://www.vana.org/): [Privacy + Security for Data Sovereignty](https://www.youtube.com/watch?v=8U2xdyPon_0) with [Aayush Gupta](https://x.com/yush_g), [David Sneider](https://x.com/davidlsneider), @dmarz, [Chris Rinard](https://x.com/0xconfused), and [Liz Harkavy](https://x.com/liz_harkavy) discuss the infrastructure needed to ensure privacy and security in a user-owned data economy. - [Post](https://x.com/vana/status/1898462791721476540) by [Vana](https://www.vana.org/) - [Infinite Jungle: Ethereum’s Culture Problem](https://youtu.be/hxGYcXZmCys?feature=shared) invites @Hasu to discuss Lido V3 and the culture of Ethereum R&D. - [Thread](https://x.com/christine_dkim/status/1897355651694862523) by [Christine Kim](https://x.com/christine_dkim) - [Thread](https://x.com/galaxyhq/status/1897368044592324673) by [Galaxy](https://www.galaxy.com/) - [Post](https://x.com/hasufl/status/1897559044182667341) by @Hasu - [Preconf.erence](https://lu.ma/makingethereumfast) hosted by[Primev](https://primev.xyz/): - [L1-L2 Interop and Programmable Blocks: Gwyneth Design with ULTRA\_TX](https://youtu.be/3u7vatBglAs?si=2STxgvX3OhfMv5by) by [Ceciliaz\_](https://x.com/ceciliaz030) present [ULTRA TX](https://ethresear.ch/t/ultra-tx-programmable-blocks-one-transaction-is-all-you-need-for-a-unified-and-extendable-ethereum/21673) as a mechanism to enable synchronous cross-chain interactions by bundling L1 and L2 transactions into a single, block-sized, L1 transaction. - [Thread](https://x.com/primev_xyz/status/1897302709965050281) by[Primev](https://primev.xyz/) - [Making Interop FAST](https://www.youtube.com/watch?v=g3Boaqmsbn8) with [Josh Bowen](https://x.com/jskybowen), [Can Kisagun](https://x.com/kisaguncan), [Ismael Hishon-Rezaizadeh](https://x.com/ismael_h_r), [Robert](https://x.com/0x_Robbie), [Dom](https://x.com/domothy), and [Mayur Relekar](https://x.com/mayurrelekar) discuss approaches for making cross-chain interoperability faster through bridging technologies, intent protocols, and preconfirmations. - [Thread](https://x.com/primev_xyz/status/1898044930171585030) by [Primev](https://primev.xyz/) - [Making Bridges FAST](https://www.youtube.com/watch?v=wbSoDmjDOKo) with [Murat Akdeniz](https://x.com/MuratLite) and Jeff Kuan discuss preconfirmations and intent-based solutions to make bridges faster. - [Thread](https://x.com/primev_xyz/status/1898044930171585030) by [Primev](https://primev.xyz/) - [Blockchain Intent Auctions](https://www.youtube.com/watch?v=HjIsStZ84Vg) by[Andrea Canidio](https://x.com/AndreaCanidio) details the limitations of current trade intent auctions, and outlines[a new auction design](https://arxiv.org/abs/2408.12225) that seeks to address these shortcomings. - [Deeply Intents](https://x.com/apriori0x/status/1881654337581072843) hosted by [apriori](https://x.com/apriori0x): - [Ethereum is Game Changing Technology](https://youtu.be/A532Mub1g5I?si=APAPjoVL3Fy8SHfo) invites [Drew Van der Werff](https://x.com/DrewVdW) for a conversation on [Commit-Boost](https://x.com/Commit_Boost), [FABRIC](https://x.com/fabric_ethereum), and more. - [Thread](https://x.com/apriori0x/status/1896986647851401460) by [apriori](https://x.com/apriori0x) - [The Final Boss](https://youtu.be/PRnO_FHeHUw?si=6yVkZhblxDGjugtV) invites [Katia Banina](https://x.com/katiabanina) to discuss DEX design, MEV, market making, and [Bebop](https://bebop.xyz/). - [Thread](https://x.com/apriori0x/status/1897999571667521862) by [apriori](https://x.com/apriori0x) - [Kiln Rendez-Vous Podcast ft Terence Tsao from Offchain Labs](https://youtu.be/aJSYJn3fapo?si=xKHAF6FYvVf0Kasv) invites [Terence Tsao](https://terencecha.in/) to discuss Pectra, ePBS, Beam Chain, and more. - [Post](https://x.com/Kiln_finance/status/1897683547487441189) by [Kiln](https://www.kiln.fi/) # Other - [LVR.wtf](https://www.lvr.wtf/) by[Sorella Labs](https://sorellalabs.xyz/) and [Fenbushi Capital](https://fenbushi.vc) is a data dashboard for calculating LVR on the top Uniswap pools, accounting for markout time variations and CEX slippage. - [Thread](https://x.com/SorellaLabs/status/1897742138492043292) by [Sorella Labs](https://sorellalabs.xyz/) - [Post](https://x.com/fenbushi/status/1897779704587075598) by [Fenbushi Capital](https://fenbushi.vc/) - [Post](https://x.com/ballsyalchemist/status/1897745198966268097) by [Yuki Yuminaga](https://x.com/ballsyalchemist) - [Crypto Rust Engineering Meetup](https://lu.ma/0p760tuu) hosted by [Flashbots](https://www.flashbots.net/) and [Ithaca](https://www.ithaca.xyz/) invites engineers for a meetup with presentations on Reth engine design, EVM benchmarking, and high-performance block building. - [Post](https://x.com/bertcmiller/status/1896944473470648544) by [Robert Miller](https://www.bertcmiller.com/) - [Post](https://x.com/gakonst/status/1896952066217763093) by [Georgios Konstantopoulos](https://x.com/gakonst) - [Sepolia Pectra Incident Update](https://blog.ethereum.org/2025/03/05/sepolia-pectra-incident) by [Tim Beiko](https://x.com/TimBeiko/) outlines how the Pectra upgrade on Sepolia initially caused a transaction blockage, and describes the measures taken to resolve the issue. - [Post](https://x.com/TimBeiko/status/1897312310932226135) by [Tim Beiko](https://x.com/TimBeiko/) - [Sepolia Pectra fork incident recap](https://mariusvanderwijden.github.io/blog/2025/03/08/Sepolia/) by [Marius van der Wijden](https://mariusvanderwijden.github.io/) describes why the Pectra upgrade on Sepolia resulted in empty blocks, and how the client teams coordinated to resolve the problem. - [Post](https://x.com/vdWijden/status/1898665884236882428) by [Marius van der Wijden](https://mariusvanderwijden.github.io/) * * * ✉ [**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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