Yongwei Wu
1 indexed paper
Recent (6 mo)
1With code
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126
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Crypto×1
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2026
Order Flow Exclusivity and Value Extraction Mechanisms: An Analysis of Ethereum Builder Centralization
The paper analyzes Ethereum builder transactions to show that builder centralization is an emergent property of the Proposer-Builder Separation (PBS) architecture, driven by specific order flow and MEV patterns.
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Papers
cs.CRRecentMay 6, 2026
Order Flow Exclusivity and Value Extraction Mechanisms: An Analysis of Ethereum Builder Centralization
Ao Zhang, Yunwen Liu, Ren Zhang, Yingdi Shan +1 more
The paper analyzes Ethereum builder transactions to show that builder centralization is an emergent property of the Proposer-Builder Separation (PBS) architecture, driven by specific order flow and ME…
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