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
- Merge Anniversary - A Year In Review by Fred and Danning is a recap of the first year of MEV-Boost and out-of-protocol PBS, covering notable events and metrics from the MEV supply chain.
- Realigning block building incentives and responsibilities - Block Negotiation Layer by Ćukasz MiĆkowski introduces the Block Negotiation Layer to allow proposer to define the type of block content they are willing to propose.
- Designing Multi-Dimensional Blockchain Fee Markets by Emperor explore the Dynamic Pricing for Non-fungible Resources-paper by Theo Diamandis, Alex Evans, Tarun Chitra and Guillermo Angeris which proposes a methodology for dynamic pricing of blockchain resources such as computation, bandwidth, and storage.
- Understanding âTowards a Theory of MEV IIâ by Emperor review the Towards a Theory of MEV II: Uncertainty-paper by Tarun Chitra paper with the aim to develop a general theory around payoffs in decentralized networks.
- Intents Arenât Real by apriori provides a summary of the presentations held during Intents Day.
- What is a sandwich attack? by Matcha gives an overview of how sandwich attacks work and how Matcha Auto can be used to protect user transactions.
Posts & threads
- EthGlobal NY Hackathon - Sept 22 â 24 by dmarz presents Flashbots challenges in the upcoming EthGlobal NY hackathon taking place this weekend.
- Stephy published a thread exploring the modular landscape with a focus on infrastructure providers and interoperability.
- sstrenev published a thread on how searchers extract MEV by calling the
skim()method of the stETH/WETH Uniswap V2 pool in the block following the daily stETH rebase.
Talks & Discussions
- Recordings have been uploaded from Rust x Ethereum Day 2023 â a day dedicated to Ethereum developer tools, libraries, and products written in Rust.
- 0xReserach: SUPERHIGHWAY TRADING: The Fastest Blockchain Distribution Network invites Uri Klarman to talk about the current MEV landscape, emerging trends, and how things may evolve from here.
- The Delphi Discussion: Anomaâs Christopher Goes: Intents Are Real is joined by Christopher Goes to explore Anoma and how intents, rather than transactions, could become the primary interface for blockchain applications.
Other
- mev-build-rs by stokes is an early alpha release of a block builder, built as an extension to the reth EL-client.
- tee-builder by Automata Network is an implementation of a block builder running inside of an encrypted enclave, ensuring confidentiality of transactions before the block is proposed.
- Emily by diego is a specialized protocol designed to facilitate and manage credible commitments on Ethereum.
- awesome-rollup-economics by Nilufer Okay is a list of resources related to the economics of rollups.
- First LOL - Insightful Leaderboard and First LOL - Gas claims Estimator by Praveen provides an alternative dashboard and gas estimator for the first.lol MEV game on Zora.
Sign up here if youâd like to get The MEV Letter straight to your inbox!
