Jul 2026
Proprietary AMMs and Ethereum
Michael Neuder · Maryam Bahrani
A primer on PropAMMs, how they differ from traditional AMMs and RFQs, and what their rise could mean for Ethereum market structure.
Ethereum Research18 min
Other writing
Technical posts and white papers on market and protocol design.
Market structure and execution
Jan 2026
Application-Controlled Execution: A Case Study on Cancel Prioritization
Maryam Bahrani · Michael Neuder
A comparison of mechanisms that let applications constrain transaction ordering, using cancel prioritization as the central case.
Ethereum Research18 min
Computation markets and procurement
Apr 2026
Capacity Oracles
Maryam Bahrani · Michael Neuder
How a protocol can elicit suppliers’ private computational capacity despite Sybil attacks, and the resulting tradeoff between oracle accuracy and protocol cost.
Ethereum Research12 min
Aug 2025
On Ethereum Prover Market Design
Maryam Bahrani · Michael Neuder
A model comparing lotteries and staked auctions for procuring zero-knowledge proofs of Ethereum blocks.
Ethereum Research16 min
May 2025
On Incentivizing Anonymous Participation
Maryam Bahrani · Michael Neuder
A model of anonymous participation games and the payment rules needed to induce reliable participation.
Ethereum Research20 min
Nov 2024
Resonance: A Market Mechanism for Heterogeneous Computation
Naveen Durvasula · Maryam Bahrani
Why heterogeneous computation needs a market mechanism that can jointly price and allocate complex workloads.
Ritual
Nov 2024
The Resonance Mechanism and Its Properties
Naveen Durvasula · Maryam Bahrani
A closer look at Resonance’s broker competition, efficiency, budget balance, and incentive properties.
Ritual
White papers
Apr 2026
Symphony: Execution-Aware Consensus and Proposer Disaggregation
Ritual
Ritual’s architecture for execution-aware consensus and delegated heterogeneous computation.
Ritual · collective white paper