Tarun Chitra

August 31, 2023


Key Takeaways

Formally defined MEV

MEV can be defined in a combinatorial manner in terms of payoff functions.


Spectral analysis bounds the fairness, and bounds can be improved and used to provide users with certificates of fairness when using things like SUAVE.

Combinational structure

The combinatorial structure of MEV is closely related to Fourier analysis over the symmetric group.

Formally defined MEV

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