Related research

MEVTransaction Ordering Policies & Value Accrual in L2s: Timeboost, OP PGA, Fastlane, and OEV Network
By
Anil Lulla•
The report examines Arbitrum's proposed transaction ordering policy, Timeboost, which aims to enhance value capture while protecting users from negative aspects of miner extractable value (MEV) behavior. It compares Timeboost with other mechanisms such as Optimism’s Priority Gas Auction (PGA), FastLane on Polygon, and API3's OEV Network.
Timeboost introduces an auction system where participants can bid for faster transaction inclusion in an express lane, promoting competitive bidding based on predictions rather than just speed. This contrasts with Arbitrum's current First Come, First Serve (FCFS) system, which can lead to spam and congestion.
The report details how each mechanism affects value capture and user experience, emphasizing that auction design significantly influences the distribution of generated value. It concludes by noting that Timeboost can maintain fast block times and protect users from harmful MEV behaviors while allowing proceeds from the auctions to support Arbitrum's DAO treasury.

MEVPaladin of the Solana Round Table
By
Anil Lulla•
The report discusses Paladin, a solution designed to combat predatory MEV while allowing validators, stakers to capture maximum proceeds from other MEV opportunities. We dive deeper into the Paladin bot and PAL token, designed to work in tandem to let Solana DeFi grow to its full potential.

MEVSkip: Building Blocks in Cosmos
By
Anil Lulla•
Protocols who are not able to capture the MEV they create will struggle to accrue value. This is where Skip comes in, providing the infrastructure for Cosmos appchains to capture their MEV.

MEVThe Year Ahead for Infrastructure
By
Anil Lulla•
A popular takeaway regarding the FTX drama has been that this was not a DeFi problem, but a TradFi one. It’s absolutely true that custody risks apply to CEXs and not DeFi. Yet, given the size of the collapse, we find it important to ask why, despite all their inherent custodial risks, CEXs continue to attract capital at such higher orders of magnitude.

MEVMEV Manifesto
By
Anil Lulla•
MEV is central in protocol design, and the underlying infrastructure is changing drastically. I analyze it all, censorship implications, and the road ahead.

AMMOsmosis: Diffusion Across the Cosmos Ecosystem
By
Anil Lulla•
Introduction Liquidity is the foundation upon which all else is built. Every prominent ecosystem has at least one DEX, and […]
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