# The MEV Letter #89 **URL:** https://collective.flashbots.net/t/the-mev-letter-89/4964 **Category:** The Flashbots Ship **Tags:** the-mev-letter **Created:** [May 27, 2025, 8:32pm UTC](https://collective.flashbots.net/t/the-mev-letter-89/4964 "2025-05-27T20:32:43Z") **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: [May 27, 2025, 8:32pm UTC](https://collective.flashbots.net/t/the-mev-letter-89/4964/1 "2025-05-27T20:32:43Z")
_ **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 - [Multiple Proposer Transaction Fee Mechanism Design: Robust Incentives Against Censorship and Bribery](https://arxiv.org/abs/2505.13751) by [Aikaterini-Panagiota Stouka](https://x.com/AikPStouka), [Julian Ma](https://x.com/_julianma), and [Thomas Thiery](https://x.com/soispoke) identifies transaction fee mechanisms that preserve censorship resistance under bribery attacks and satisfy the incentive compatibility properties of [EIP-1559](https://eips.ethereum.org/EIPS/eip-1559). - [Thread](https://x.com/soispoke/status/1926949666941194660) by [Thomas Thiery](https://x.com/soispoke) - [On incentivizing anonymous participation](https://ethresear.ch/t/on-incentivizing-anonymous-participation/22469) by [Maryam Bahrani](https://x.com/bahrani_maryam) and [Mike Neuder](https://twitter.com/mikeneuder) analyze incentive structures in blockchain protocols, focusing on cost-efficient participation under anonymity constraints for use cases such as prover markets and Proof-of-Work. - [Thread](https://x.com/bahrani_maryam/status/1927052443294093468) by [Maryam Bahrani](https://x.com/bahrani_maryam) - [Thread](https://x.com/mikeneuder/status/1927054122563346591) by [Mike Neuder](https://twitter.com/mikeneuder) - [Empirical blob sidecar hit rate based on local EL’s mempool](https://ethresear.ch/t/empirical-blob-sidecar-hit-rate-based-on-local-els-mempool/22475) by [Mikel Cortes](https://x.com/cortze_) and [Yiannis Psaras](https://x.com/cortze_/status/1927336318503129379) examines the empirical hit-rate of blob sidecars in the EL mempool post-Pectra to evaluate the viability of distributed block building as a means to reduce bandwidth requirements for validators. - [Post](https://x.com/cortze_/status/1927336318503129379) by [Mikel Cortes](https://x.com/cortze_) - [Accelerating blob scaling with FullDASv2 (with getBlobs, mempool encoding, and possibly RLC)](https://ethresear.ch/t/accelerating-blob-scaling-with-fulldasv2-with-getblobs-mempool-encoding-and-possibly-rlc/22477) by[Csaba Kiraly](https://www.csabakiraly.com/) revisits their[FullDAS design](https://ethresear.ch/t/fulldas-towards-massive-scalability-with-32mb-blocks-and-beyond/19529) with new techniques to accelerate the blob-scaling timeline. - [EIP-7805 Fork-Choice Inclusion Lists (FOCIL) as a candidate for Glamsterdam](https://ethereum-magicians.org/t/eip-7805-fork-choice-inclusion-lists-focil-as-a-candidate-for-glamsterdam/24342) by [Thomas Thiery](https://twitter.com/soispoke) outlines arguments for why [EIP-7805](https://eips.ethereum.org/EIPS/eip-7805) should be included in the upcoming Glamsterdam upgrade. - [Thread](https://x.com/soispoke/status/1926975238341812554) by [Thomas Thiery](https://twitter.com/soispoke) - [Slot timings and ePBS](https://hackmd.io/@potuz/B1pWLb0-ll) by [Potuz](https://x.com/potuz_eth) explores the lower bounds for slot times under: the current consensus rules, [EIP-7732](https://eips.ethereum.org/EIPS/eip-7732), and [EIP-7886](https://eips.ethereum.org/EIPS/eip-7886). - [Thread](https://x.com/potuz_eth/status/1925939954263134454) by [Potuz](https://x.com/potuz_eth) - [The After-Effects of Ethereum’s Pectra Upgrade](https://coinmetrics.substack.com/p/state-of-the-network-issue-313) by [Tanay Ved](https://x.com/TanayVed) analyzes validator consolidation and the impact of increased blob capacity in the first few weeks since Pectra. - [60M Gas Limit on Sepolia & Hoodi](https://ethpandaops.io/posts/60m-gas-sepolia-hoodi/) by [Sam Calder-Mason](https://x.com/samcmAU) analyzes network health after raising the gas limit to 60M on the Sepolia and Hoodi testnets, concluding that block and blob propagation remain within safe thresholds. - [Thread](https://x.com/samcmAU/status/1927298507582402961) by [Sam Calder-Mason](https://x.com/samcmAU) - [MEV Myth Buster](https://x.com/EigenPhi/status/1924496493224063338) by [EigenPhi](https://eigenphi.io/) is a series of articles that unpacks MEV strategies via onchain data: - [MEV Myth Buster #3: Sandwich Attacks Still Loom Large Above Traders’ Heads](https://eigenphi.substack.com/p/mev-myth-buster-3-searcher-builder-sandwich-attacks) - [Thread](https://x.com/eigenphi/status/1925317740317053045) - [Myth Buster #4: No Trade is Too Small To Be Exploited](https://eigenphi.substack.com/p/myth-buster-4-no-trade-is-too-small) - [Thread](https://x.com/EigenPhi/status/1925657169690583469) - [Myth Buster #5: You Need Better Tools to Comprehend MEV](https://eigenphi.substack.com/p/mev-myth-buster-5-you-need-better-tools) - [Thread](https://x.com/EigenPhi/status/1926438110922944605) - [MEV Myth Buster #6: Impact of Exploits Ripples Across the Board via Composability](https://eigenphi.substack.com/p/myth-buster-6-impact-of-exploits-by-composability) - [Thread](https://x.com/eigenphi/status/1927107240793633101) # Posts & Threads - @dataalways published a [thread](https://x.com/Data_Always/status/1925618155453403145) explaining how [BuilderNet](https://buildernet.org/)’s shared order flow model gives non-censoring operators an edge over censoring ones, even if the latter have earlier access to exclusive order flow. - @dataalways published a [post](https://x.com/data_always/status/1927042859032604729) highlighting that the recent increase in Ethereum’s gas limit to 36M seems to primarily be utilized by arbitrage bots. - [PBS Foundation](https://pbs.foundation/) published a [thread](https://x.com/PBS_Foundation/status/1925873325009510678) summarizing [Protocol Research Call 2](https://www.youtube.com/live/EvYRiFRYQ9Q) which discussed approaches to scale the L1 execution throughput in the near-term - [ladislaus.eth](https://x.com/ladislaus0x) published a [thread](https://x.com/ladislaus0x/status/1925857790368637360) sharing publications and collaborations by [EF Research](http://research.ethereum.foundation/) from the previous week. # Talks & Discussions - [L2 Demo Day May 23, 2023](https://collective.flashbots.net/t/l2-demo-day-may-23-2023/4954) by @dmarz highlights a collection of demos showcasing recent improvements to the performance, stability, and local E2E testing capabilities of [op-rbuilder](https://github.com/flashbots/op-rbuilder). - [Debugging in Builder Playground](https://www.youtube.com/watch?v=nEmLnYFtZEc) by @ferranbt - [Visualizing L2 activity in Chain Monitor](https://www.youtube.com/watch?v=MTMWpuhPDQA) by @0x416e746f6e - [Faster build times for docker](https://www.youtube.com/watch?v=iJCY4agI8dI) by @solarmithril - [Streamlined testing and workflow](https://www.youtube.com/watch?v=_EvUZjAKNpo) by @karim - [Configurable block selection policy](https://www.youtube.com/watch?v=yMwoEVHpTQ4) by @Shana - [Unified workflow and improved error handling in Contender](https://www.youtube.com/watch?v=VhFaCVDKYRc) by @brock - [Thread](https://x.com/DistributedMarz/status/1927357383489007969) by @dmarz - [Indexed Podcast](https://x.com/indexed_pod): [The REV Debate](https://www.youtube.com/watch?v=-d9HT1NJrQg) explores the methodologies and nuances of measuring blockchain metrics such as MEV and REV. - [Thread](https://x.com/indexed_pod/status/1925459933329264821) by [Indexed Podcast](https://x.com/indexed_pod) - [Post](https://x.com/sui414/status/1925716609684959368) by @sui414 - [ChainSafe](https://chainsafe.io/): [Ethereum Guild: MEV, Block Building, and ePBS](https://www.youtube.com/watch?v=jD0W53HuWHY) invites @Hasu and @dataalways for a conversation on MEV, TEEs, [BuilderNet](https://buildernet.org/), and more. - [Thread](https://x.com/ChainSafeth/status/1924913226191667347) by [ChainSafe](https://chainsafe.io/) - [Post](https://x.com/hasufl/status/1925934571972890641) by @Hasu - [Bell Curve](https://x.com/thebellcurvepod): [Entering Ethereum’s New Era](https://www.youtube.com/watch?v=P1GjDXrE-OQ) invites @Tomasz to discuss DeFi, scaling the L1, real-time proving, and Ethereum’s long-term vision. - [Thread](https://x.com/thebellcurvepod/status/1925909868109508671) by [Bell Curve](https://x.com/thebellcurvepod) - [EIP-7732 breakout room #19,](https://www.youtube.com/watch?v=igR6IGmgH2g) hosted by [Potuz,](https://x.com/potuz_eth) discussed the latest developments related to [EIP-7732](https://eips.ethereum.org/EIPS/eip-7732) and [the case for ePBS in Glamsterdam](https://hackmd.io/@potuz/Byfqikdeee). - [Unstoppable Rollups](https://unstoppablerollups.com/): [Unstoppable Rollups Community Call #1](https://www.youtube.com/watch?v=-DdFrUo1T5A) by [Tom Lehman](https://x.com/dumbnamenumbers) explores the shortcomings of rollup exit windows, and outlines alternatives for improved security. - [Post](https://x.com/CantStopETH/status/1925258354344997135) by [Unstoppable Rollups](https://unstoppablerollups.com/) # Other - [Orderbook.wtf](https://www.orderbook.wtf/?chain=ethereum&sell=0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2&buy=0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48) by [PropellerHeads](https://www.propellerheads.xyz/) aggregates onchain liquidity from various DEX pools as a unified orderbook, using [Tycho](https://www.propellerheads.xyz/tycho). - [Thread](https://x.com/propellerswap/status/1927029032492617891) by [PropellerHeads ](https://www.propellerheads.xyz/) * * * ✉ [**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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