The MEV Letter #95

Fred · July 9, 2025, 7:29pm

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

Bundles Are Coming to Unichain by @dmarz nnounces the introduction of bundles on Unichain, enabling users to privately express conditions and requirements that go beyond what is possible in normal transaction submissions.
- Documentation by Unichain
- Thread by Unichain
- Post by @dmarz
Arbitrage with bounded liquidity by @Christoph introduces a theoretical model for LVR in cross-market arbitrage using a quadratic trading cost model, and explores its implications for liquidity provision and arbitrage profitability.
- Forum post by @Christoph
Builders and Relays in ePBS by Titan Builder examines the potential impact of ePBS on the builder market as a result of new trust models, capital requirements, and changes in the bid submission processes.
- Thread by Gattaca
Blob Notaries: a distributed blob publishing design to scale DA by Nicolas, Lorenzo, and Jonas presents a blob mempool redesign that delegates DA attestation to a committee of blob notaries to improve scalability and minimize DoS vectors.
- Post by Nicolas
- Thread by Chainbound
Partial history expiry announcement by Matt Garnett announces that all Ethereum EL clients now support partial history expiry via EIP-4444 to prune pre-Merge blocks.
- Thread by Matt Garnett
Based Rollups Can Scale, Actually. by mteam.eth addresses misconceptions related to based rollups in terms of scalability, sequencing, and latency.
Attestation Arrival Timing on Ethereum Mainnet by Terence Tsao analyzes the delay between slot start and attestation arrival to assess network propagation delays and reorg resistance.
- Post by Terence Tsao

Posts & Threads

@dataalways published a post highlighting how BuilderNet ensures the highest-paying blobs are always included, whereas centralized builders may drop blobs to reduce latency.
@bert published a thread outlining some of the breakthroughs related to providing better execution for users, and mitigating the negative externalities of MEV on Ethereum and its L2s.
Maestro published a post announcing that more than 385 ETH have been redistributed back to users as a result of their integration with beaverbuild and BuilderNet.
- Post by @bert
ladislaus.eth published a thread sharing publications and collaborations by EF Research from the previous week.
Toni Wahrstätter published a post illustrating variance in block propagation delays by country, revealing a median lag of 200–500 ms relative to the fastest node per slot.
Everstake published a thread visualizing the network topology of Ethereum using Ulisse by Chainbound.
Akaki Mamageishvili published a thread explaining how the Timeboost design allows applications to know about Timeboosted transactions at execution time, enabling them to adap their fee mechanisms.
Tcoratger published a thread summarizing Vitalik Buterin’s talk at EthCC[8] on the importance of decentralization, resilience, and openness.
tcoratger published a thread summarizing Justin Drake’s talk at EthCC[8] on scaling the Ethereum L1 to 1 gigagas per second via ZKVMs and real-time proving.

Talks & Discussions

Recordings from EthCC[8] hosted by Ethereum France, have been uploaded:
Recordings from Based Rollup Summit - Cannes hosted by Taiko, have been uploaded:
Recordings from beam day | EthCC[8] hosted by the Ethereum Foundation, have been uploaded:
Cointelegraph: Is Ethereum Really in Trouble? Foundation Exec Breaks Silence! invites @Tomasz to discuss Ethereum’s future, interoperability between L1 and L2s, and the role of the Ethereum Foundation.
- Post by Gareth Jenkinson
Improve Ux: Seamless, Secure, Unified Ethereum by Barnabé Monnot outlines research areas within the Improve UX-track of Protocol, including shorter slot times, faster finality, interoperability, and account abstraction.
Deeply Intents - Episode 16: Intents, Solvers and Applications invites Joshua Gunn for a conversation on DEX design, solvers, intents, Timeboost, and more.
- Thread by apriori
All Core Devs - Execution #215 hosted by Tim Beiko discussed Fusaka scope finalization, updates from devnet-2, headliner EIPs for Glamsterdam, history expiry, and more.
- Agenda by Tim Beiko
- Notes by Christine D. Kim

Other

The MEV Workshop at the Science of Blockchain Conference 2025 (MEV-SBC ’25) by @sarah.allen announces MEV-SBC’25 on Aug 7th in Berkeley, focusing on important MEV research done in the past year and illuminate a new round of research problems the community should prioritize.
- Thread by @sarah.allen
TEE.fyi by Automata Network and friends is a collaborative knowledge base focused on TEEs and their role in decentralized systems, with particular emphasis on applications in Web3.
- Post by Automata Network
mempool-dumpster by Flashbots has released v1.1.0 with support for writing to Clickhouse.
- Post by @metachris
Forkcast by the nixo.eth and marc provides information on EIPs and other resources related to upcoming Ethereum hardforks.
- Thread by nixo.eth
- Post by marc

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