# The MEV Letter #80

**URL:** https://collective.flashbots.net/t/the-mev-letter-80/4804
**Category:** The Flashbots Ship
**Tags:** the-mev-letter
**Created:** [March 25, 2025, 6:11pm UTC](https://collective.flashbots.net/t/the-mev-letter-80/4804 "2025-03-25T18:11:21Z")
**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: [March 25, 2025, 6:11pm UTC](https://collective.flashbots.net/t/the-mev-letter-80/4804/1 "2025-03-25T18:11:21Z")

</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.

* * *

# Papers & Articles

- [Execution Welfare Across Solver-based DEXes](https://arxiv.org/abs/2503.00738) by [Yuki Yuminaga](https://x.com/ballsyalchemist), [Dex Chen](https://x.com/dex_chen_V), and @sui414 presents an empirical study detailing how solver-based DEXes, like CoWSwap and UniswapX, generally offer better execution compared to traditional AMMs.
  - [Thread](https://x.com/sui414/status/1903118729464123630) by @sui414
  - [Thread](https://x.com/ballsyalchemist/status/1903131616303546601) by [Yuki Yuminaga](https://x.com/ballsyalchemist)
  - [Thread](https://x.com/CoWSwap/status/1904506315554373906) by [CoW DAO](https://cow.fi/)

- [Crypto Funding Social Projects and Redistribution in a Costa Rican Rural Town](http://cscanada.net/index.php/css/article/view/13698) by @CorujaTejedora ([https://www.linkedin.com/in/maitecristinall](https://www.linkedin.com/in/maitecristinall)) explores the interconnections between North-South relationships, transnational gentrification and crypto funding for community projects, as part of [FRP-32](https://github.com/flashbots/mev-research/blob/main/FRPs/completed/FRP-32.md).
  - [Post](https://collective.flashbots.net/t/frp-32-socioeconomic-effects-of-cryptocurrency-redistribution-in-the-costa-rican-rural-town-of-tinamastes/2287/8) by @CorujaTejedora

- [Decoupling throughput from local building](https://ethresear.ch/t/decoupling-throughput-from-local-building/22004) by [Barnabé Monnot](https://barnabemonnot.com/) analyzes the implications of increasing Ethereum’s L1 throughput beyond what local builders with minimal hardware can achieve.
- [TimeBoost and Backrunning: Probabilistic Strategies](https://research.arbitrum.io/t/timeboost-and-backrunning-probabilistic-strategies/9727) by [Akaki Mamageishvili](https://x.com/kakia1989) and [Ed Felten](https://x.com/EdFelten) studies how latency advantages influence the distribution of backrunning profits between competing searchers under [TimeBoost](https://github.com/OffchainLabs/timeboost-design).
  - [Thread](https://x.com/kakia1989/status/1901997619368403325) by [Akaki Mamageishvili](https://x.com/kakia1989)

- [ERC-4337: 2 Years After](https://research.2077.xyz/erc-4337-2-years-after) by [Nikhil Bhintade](https://research.2077.xyz/authors/nikhil) reviews the adoption and evolution of [ERC-4337](https://www.erc4337.io/) over the past two years.
  - [Thread](https://x.com/2077Research/status/1903154408159912405) by [2077 Research](https://research.2077.xyz/)

- [1 Builder, 1 Searcher, 6 Sandwiches in 5 Minutes Causing $714K Losses](https://eigenphi.substack.com/p/6-sandwiches-in-5-minutes-with-650k-losses) by [EigenPhi](https://eigenphi.io/) details a series of six sandwich attacks executed within five minutes, resulting in $714K in losses.
  - [Thread](https://x.com/EigenPhi/status/1902390401992159575) by [EigenPhi  
 ](https://eigenphi.io/)

# Posts & Threads

- @fnerdman published a [post](https://x.com/fnerdman/status/1902074160102425030) emphasizing that TDX outcompetes SGX and Yocto-based solutions for confidential computing in terms of performance, stability, and latency.
- [Ladislaus.eth](https://x.com/ladislaus0x) published a [thread](https://x.com/ladislaus0x/status/1903075282501681552) sharing publications and collaborations by [EF Research](http://research.ethereum.foundation/) from the previous week.
- [Toni Wahrstätter](https://toniwahrstaetter.com/) published a [thread](https://x.com/nero_eth/status/1904172749276213358) detailing the effects on proposer revenue by allowing local builders to reduce the number of blobs they include, as presented in [Max-Blobs Flag: Economic Perspective](https://ethresear.ch/t/max-blobs-flag-economic-perspective/21798).
- [The Latest in Defi Research](https://www.thelatestindefi.org/) published a [thread](https://x.com/thelatestindefi/status/1903161969974399108) highlighting the paper [On sybil-proof mechanisms](https://arxiv.org/abs/2407.14485) by [Minghao Pan](https://scholar.google.com/citations?user=glJ6EesAAAAJ&hl=en), [Akaki Mamageishvili](http://mamageishvili.info/), and @Christoph.
- [Protocol Guild](https://x.com/ProtocolGuild) published a [thread](https://x.com/ProtocolGuild/status/1903124931661214122) sharing a summary of recent work by Protocol Guild members related to Pectra, Hoodi, and more.
- [Youssef](https://x.com/0xyoussea) published a [thread](https://x.com/0xyoussea/status/1903132377712582942) covering progress on [EIP-5792](https://eips.ethereum.org/EIPS/eip-5792) as a transaction batching standard for wallets.

# Talks & Discussions

- [Inaugural L2 Demo Day Videos](https://collective.flashbots.net/t/inaugural-l2-demo-day-videos/4794) by @dmarz highlights a series of demos that showcase [Rollup-Boost](https://github.com/flashbots/rollup-boost),[OP-rbuilder](https://github.com/flashbots/rbuilder/tree/develop/crates/op-rbuilder),[Builder Playground v2](https://github.com/flashbots/builder-playground),[Contender](https://github.com/flashbots/contender), and[Chain-Monitor](https://github.com/flashbots/chain-monitor).
  - [Flashblocks preconfirmations](https://www.youtube.com/watch?v=beyHf4ICCf8) by @ferranbt
  - [Contender](https://www.youtube.com/watch?v=nu6GVVuk_sQ) by @brock
  - [Builder Playground V2](https://www.youtube.com/watch?v=y9uyGHWYCrY) by @ferranbt
  - [Generating Chain PerformanceReports for Unichain Experimental](https://www.youtube.com/watch?v=TM71aN3DjVU) by @brock
  - [op-rbuilder](https://www.youtube.com/watch?v=r-lIm1oJnkc) by @brock
  - [Adding Docs to Rollup Boost](https://www.youtube.com/watch?v=XXqnl8Tt7_0) by @Shana
  - [Updates on Builder Playground v2](https://www.youtube.com/watch?v=KCNhZkkMXlA) by @ferranbt
  - [Showcasing chain-monitor, a new OP Stack chain monitoring tool](https://www.youtube.com/watch?v=4Mfe2WLUYFw) by @0x416e746f6e
  - [AI automation experimentationfor TG and Github](https://www.youtube.com/watch?v=aCVbilFP8NE) by @dmarz
  - [Thread](https://x.com/DistributedMarz/status/1903195208197533964) by @dmarz

- [Superchain Space: Denver](https://www.superchain.eco/insights/superchain-space-denver): [Supercharging the Superchain with Rollup Boost](https://youtu.be/rDyJP_WLJ2E?si=bPsOge9-95shm2lF) by @dmarz details [Rollup-Boost](https://writings.flashbots.net/introducing-rollup-boost) as a platform for performance, programmability, and decentralization extensions for Rollups.
  - [Thread](https://x.com/binji_x/status/1894080597955363067) by [binji](https://x.com/binji_x)

- [Indexed Podcast](https://twitter.com/indexed_pod): [Which DEX has the best price?](https://www.youtube.com/watch?v=Mun2qNttNbE) with [hildobby](https://x.com/hildobby_), @sui414, [Yuki Yuminaga](https://x.com/ballsyalchemist), and [Dex Chen](https://x.com/dex_chen_V) present their recently published paper; [Execution Welfare Across Solver-based DEXes](https://arxiv.org/abs/2503.00738).
  - [Post](https://x.com/indexed_pod/status/1903119031550226660) by [Indexed Podcast](https://twitter.com/indexed_pod)

- [CBER Forum](https://www.cber-forum.org/): [Mitigation of Maximal Extractable Value (MEV)](https://www.youtube.com/watch?v=595CmPyzFJ0) with [Julian Ma](https://twitter.com/_julianma), [Ciamac Moallemi](https://x.com/ciamac), @shea and [Barnabé Monnot](https://barnabemonnot.com/) presents work related to MEV mitigation from the perspective of applications, infrastructure, and the Ethereum protocol.
- [Stratacast: Cryptos Renaissance Man](https://www.youtube.com/watch?v=P2OAWgQZpVo) invites @Hasu to discuss MEV, privacy and L2 solutions on Bitcoin, and how they compare to Ethereum.
  - [Post](https://x.com/Strata_BTC/status/1904156253862920318) by [Strata](https://www.stratabtc.org/)
  - [Post](https://x.com/hasufl/status/1904170132672249942) by @Hasu

- [Rollup & Prove it](https://x.com/Polymer_Labs/status/1892535007949766988) hosted by [Polymer Labs](https://www.polymerlabs.org/):
  - [Hard Truths of Interoperability](https://www.youtube.com/watch?v=KWGHhLJkEXE) by [Ellie Davidson](https://x.com/ellierdavidson)
  - [Heterogeneity in Settlement & Bridge Systems](https://www.youtube.com/watch?v=m03GtUxOjUY) by [Philipp Zentner](https://x.com/PhilippZentner)
  - [Panel: Intents vs OFTs | Aori vs Stargate](https://www.youtube.com/watch?v=tgDJmuwMKeY) with [Angus Lamps](https://x.com/0xLamps), [Joshua Gunn](https://x.com/joshuagunnn), and [Arjun Chand](https://x.com/arjunnchand)
  - [TEE Preconfers: Why, How, & What’s Next](https://www.youtube.com/watch?v=qwhMD_wAwJc) by [Chua Zheng Leong](https://x.com/melynx)
  - [Chains Will Be Abstracted, Whether You Like It Or Not](https://www.youtube.com/watch?v=6gTPfRFVKII) by [Ethan Francis](https://x.com/tabascoweb3)

- [Bankless](https://twitter.com/BanklessHQ): [“It’s Time to Get Aggressive” - Tim Beiko on Ethereum’s Roadmap](https://www.youtube.com/watch?v=WpjcPPrrN2E) invites [Tim Beiko](https://x.com/TimBeiko) for a conversation on Ethereum’s roadmap, with a focus on Pectra and Fusaka.
- [L2 Interop Working Group Call #5](https://youtu.be/QoT_yyuKXBg?feature=shared) hosted by [Josh Rudolf](https://x.com/rudolf6_) discussed updates on multi-chain interoperability initiatives including developments on [ERC-7828](https://ethereum-magicians.org/t/erc-7828-chain-specific-addresses-using-ens/21930), [RRC-7755](https://github.com/ethereum/RIPs/blob/master/RIPS/rip-7755.md), and [Open Intents Framework](https://www.openintents.xyz/).
  - [Agenda and Notes](https://notes.ethereum.org/@rudolf/interop-5) by[Josh Rudolf](https://x.com/rudolf6_)

- [Fabric Call #001](https://www.youtube.com/watch?v=UngTQPjy4UA) hosted by [Drew Van der Werff](https://x.com/drewvdw) discussed the Fabric roadmap, Pectra-related updates, and Lookahead designs for preconfirmations and based sequencing.
  - [Notes](https://docs.google.com/document/d/1lFqHBe9Yx1CGpdH-MZ0zsjTnLNNxFr1GCnoDEb8O6F8/edit?tab=t.0) by [Drew Van der Werff](https://x.com/drewvdw) and [Sam Jernigan](https://twitter.com/sjerniganIV)

- [LVR.wtf Deep dive](https://x.com/fenbushi/status/1903241751860744269) by [Yuki Yuminaga](https://x.com/ballsyalchemist) provides a walk-through of [LVR.wtf](https://t.co/aGvXiX7c9e), a data dashboard for calculating LVR on the top Uniswap pools.
- [1 Builder, 1 Searcher, 1 Victim 5 Minutes, 6 Sandwiches, $714K Losses](https://x.com/i/spaces/1DXxyqQzMMLxM) hosted by[EigenPhi](https://eigenphi.io/) invites [Benjamin Hunter](https://x.com/philosowrapter) to discuss the [six sandwich attacks](https://eigenphi.substack.com/p/6-sandwiches-in-5-minutes-with-650k-losses) that resulted in $714K in losses.
  - [Post](https://x.com/EigenPhi/status/1903925798157144352) by [EigenPhi  
 ](https://eigenphi.io/)

# Other

- [Hardware verification](https://forum.teekettle.org/t/hardware-verification/58) by @Quintus ​​discusses methods for verifying hardware integrity and detecting hardware trojans through secure testing protocols, verifier diversification, and more.
- [The Limits Of Hardware Isolation](https://forum.teekettle.org/t/the-limits-of-hardware-isolation/59) by @Quintus outlines architectural approaches to isolating TEE workloads from untrusted code, evaluating hardware-enforced constraints and processor-level isolation to mitigate side-channel attacks.
- [Tornado Cash Delisting](https://home.treasury.gov/news/press-releases/sb0057) by [U.S. Department of the Treasury](https://home.treasury.gov/) announces the removal of economic sanctions against Tornado Cash.
- [Holesky and Hoodi Testnet Updates](https://blog.ethereum.org/2025/03/18/hoodi-holesky) by [Tim Beiko](https://x.com/TimBeiko) details the launch of the Hoodi testnet for validator testing as a response to the year-long exit queue on Holešky after Pectra.
  - [Post](https://x.com/timbeiko/status/1902358296906072202) by [Tim Beiko](https://x.com/TimBeiko)
  - [Post](https://x.com/parithosh_j/status/1902356599584219331) by [parithosh](https://x.com/parithosh_j)

- [Protocol research call](https://ethereum-magicians.org/t/protocol-research-call/23261?u=barnabe) by [Barnabé Monnot](https://barnabemonnot.com/) announces a new open research call to guide future development around scaling, validator roles, and protocol design.
  - [Thread](https://x.com/barnabemonnot/status/1904532092513354223) by[Barnabé Monnot](https://barnabemonnot.com/)
  - [Post](https://x.com/casparschwa/status/1904534256367366622) by [caspar](https://twitter.com/casparschwa)
  - [Post](https://x.com/adietrichs/status/1904549289940115578) by [Ansgar Dietrichs](https://twitter.com/adietrichs)

- [Beam Chain Roadmap](https://beamroadmap.org/) by[Ream Labs](https://x.com/ReamLabs) aggregates information related to the roadmap and progress of Beam Chain.
  - [Thread](https://x.com/unnawut/status/1902295539175321797) by[unnawut](https://x.com/unnawut)

- [Ethereum Staking Survey 2025](https://stakinglandscape.limesurvey.net/585712) by [EthStaker](https://ethstaker.org/) collects anonymized data on the Ethereum staking landscape.
  - [Thread](https://x.com/ethStaker/status/1902721704767414774) by [EthStaker](https://ethstaker.org/)
  - [Staking Survey 2024](https://paragraph.xyz/@ethstaker/staking-survey-2024) by[EthStaker](https://ethstaker.org/)

* * *

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