32 Search Results for "Zhang, Forest"


Document
Colouring Probe H-Free Graphs

Authors: Daniël Paulusma, Johannes Rauch, and Erik Jan van Leeuwen

Published in: LIPIcs, Volume 364, 43rd International Symposium on Theoretical Aspects of Computer Science (STACS 2026)


Abstract
The NP-complete problems Colouring and k-Colouring (k ≥ 3) are well studied on H-free graphs, i.e., graphs that do not contain some fixed graph H as an induced subgraph. We research to what extent the known polynomial-time algorithms for H-free graphs can be generalized if we only know some of the edges of the input graph. We do this by considering the classical probe graph model introduced in the early nineties. For a graph H, a partitioned probe H-free graph (G,P,N) consists of a graph G = (V,E), together with a set P ⊆ V of probes and an independent set N = V ⧵ P of non-probes, such that G+F is H-free for some edge set F ⊆ binom(N,2). We show the following: - We fully classify Colouring on partitioned probe H-free graphs and show that the obtained complexity dichotomy differs from the known dichotomy of Colouring for H-free graphs. - We fully classify 3-Colouring on partitioned probe P_t-free graphs: we prove polynomial-time solvability for t ≤ 5 and NP-completeness for t ≥ 6. In contrast, 3-Colouring on P_t-free graphs is known to be polynomial-time solvable for t ≤ 7 and quasi-polynomial-time solvable for t ≥ 8. Our main result is our polynomial-time algorithm for 3-Colouring on partitioned P₅-free graphs. For this result, and also for all our other polynomial-time results, we do not need to know the edge set F; we only need to know its existence. Moreover, the class of probe P₅-free graphs includes not only paths of arbitrary length but even all bipartite graphs and is much richer than the class of P₅-free graphs. The latter is also evidenced by the fact that there exist graph problems, such as Matching Cut, that are known to be polynomial-time solvable for P₅-free graphs but NP-complete for partitioned probe P₅-free graphs. In particular, unlike the class of 3-colourable P₅-free graphs, the class of 3-colourable probe P₅-free graphs has unbounded mim-width. Hence, our polynomial-time result for 3-Colouring for probe P₅-free graphs suggests that there may be another, deeper overarching reason why 3-Colouring is polynomial-time solvable for P₅-free graphs.

Cite as

Daniël Paulusma, Johannes Rauch, and Erik Jan van Leeuwen. Colouring Probe H-Free Graphs. In 43rd International Symposium on Theoretical Aspects of Computer Science (STACS 2026). Leibniz International Proceedings in Informatics (LIPIcs), Volume 364, pp. 73:1-73:20, Schloss Dagstuhl – Leibniz-Zentrum für Informatik (2026)


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@InProceedings{paulusma_et_al:LIPIcs.STACS.2026.73,
  author =	{Paulusma, Dani\"{e}l and Rauch, Johannes and van Leeuwen, Erik Jan},
  title =	{{Colouring Probe H-Free Graphs}},
  booktitle =	{43rd International Symposium on Theoretical Aspects of Computer Science (STACS 2026)},
  pages =	{73:1--73:20},
  series =	{Leibniz International Proceedings in Informatics (LIPIcs)},
  ISBN =	{978-3-95977-412-3},
  ISSN =	{1868-8969},
  year =	{2026},
  volume =	{364},
  editor =	{Mahajan, Meena and Manea, Florin and McIver, Annabelle and Thắng, Nguy\~{ê}n Kim},
  publisher =	{Schloss Dagstuhl -- Leibniz-Zentrum f{\"u}r Informatik},
  address =	{Dagstuhl, Germany},
  URL =		{https://drops.dagstuhl.de/entities/document/10.4230/LIPIcs.STACS.2026.73},
  URN =		{urn:nbn:de:0030-drops-255621},
  doi =		{10.4230/LIPIcs.STACS.2026.73},
  annote =	{Keywords: colouring, probe graph, forbidden induced subgraph, complexity dichotomy}
}
Document
A Simple and Robust Protocol for Distributed Counting

Authors: Edith Cohen, Moshe Shechner, and Uri Stemmer

Published in: LIPIcs, Volume 362, 17th Innovations in Theoretical Computer Science Conference (ITCS 2026)


Abstract
We revisit the distributed counting problem, where a server must continuously approximate the total number of events occurring across k sites while minimizing communication. The communication complexity of this problem is known to be Θ(k/(ε)log N) for deterministic protocols. Huang, Yi, and Zhang (2012) showed that randomization can reduce this to Θ((√k)/ε log N), but their analysis is restricted to the oblivious setting, where the stream of events is independent of the protocol’s outputs. Xiong, Zhu, and Huang (2023) presented a robust protocol for distributed counting that removes the oblivious assumption. However, their communication complexity is suboptimal by a polylog(k) factor and their protocol is substantially more complex than the oblivious protocol of Huang et al. (2012). This left open a natural question: could it be that the simple protocol of Huang et al. (2012) is already robust? We resolve this question with two main contributions. First, we show that the protocol of Huang et al. (2012) is itself not robust by constructing an explicit adaptive attack that forces it to lose its accuracy. Second, we present a new, surprisingly simple, robust protocol for distributed counting that achieves the optimal communication complexity of O((√k)/ε log N). Our protocol is simpler than that of Xiong et al. (2023), perhaps even simpler than that of Huang et al. (2012), and is the first to match the optimal oblivious complexity in the adaptive setting.

Cite as

Edith Cohen, Moshe Shechner, and Uri Stemmer. A Simple and Robust Protocol for Distributed Counting. In 17th Innovations in Theoretical Computer Science Conference (ITCS 2026). Leibniz International Proceedings in Informatics (LIPIcs), Volume 362, pp. 40:1-40:24, Schloss Dagstuhl – Leibniz-Zentrum für Informatik (2026)


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@InProceedings{cohen_et_al:LIPIcs.ITCS.2026.40,
  author =	{Cohen, Edith and Shechner, Moshe and Stemmer, Uri},
  title =	{{A Simple and Robust Protocol for Distributed Counting}},
  booktitle =	{17th Innovations in Theoretical Computer Science Conference (ITCS 2026)},
  pages =	{40:1--40:24},
  series =	{Leibniz International Proceedings in Informatics (LIPIcs)},
  ISBN =	{978-3-95977-410-9},
  ISSN =	{1868-8969},
  year =	{2026},
  volume =	{362},
  editor =	{Saraf, Shubhangi},
  publisher =	{Schloss Dagstuhl -- Leibniz-Zentrum f{\"u}r Informatik},
  address =	{Dagstuhl, Germany},
  URL =		{https://drops.dagstuhl.de/entities/document/10.4230/LIPIcs.ITCS.2026.40},
  URN =		{urn:nbn:de:0030-drops-253272},
  doi =		{10.4230/LIPIcs.ITCS.2026.40},
  annote =	{Keywords: Distributed Streaming, Adversarial Streaming}
}
Document
BlindPerm: Efficient MEV Mitigation with an Encrypted Mempool and Permutation

Authors: Alireza Kavousi, Duc V. Le, Philipp Jovanovic, and George Danezis

Published in: LIPIcs, Volume 361, 29th International Conference on Principles of Distributed Systems (OPODIS 2025)


Abstract
Maximal Extractable Value (MEV) is a crucial challenge in blockchains and cryptocurrencies. A principal countermeasure is using encrypted mempools to hide the transaction payloads until they are committed in a block. However, the existing approaches based on encrypted mempools remain vulnerable to metadata leakage and may not provide sufficient mitigation against block producers due to their sole control in block preparation. In this paper, we propose techniques that utilize randomized permutation on the committed block, offering a multi-layer solution. With a focus on proof-of-stake (PoS) committee-based consensus, we then introduce BlindPerm, a framework that enhances an encrypted mempool with permutation and present various optimizations. Notably, we propose a construction where this enhancement comes at essentially no overhead by piggybacking on the encrypted mempool and without relying on any external entity such as randomness beacon. Further, we illustrate the effectiveness of our solutions by running simulations using historical Ethereum data.

Cite as

Alireza Kavousi, Duc V. Le, Philipp Jovanovic, and George Danezis. BlindPerm: Efficient MEV Mitigation with an Encrypted Mempool and Permutation. In 29th International Conference on Principles of Distributed Systems (OPODIS 2025). Leibniz International Proceedings in Informatics (LIPIcs), Volume 361, pp. 36:1-36:21, Schloss Dagstuhl – Leibniz-Zentrum für Informatik (2025)


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@InProceedings{kavousi_et_al:LIPIcs.OPODIS.2025.36,
  author =	{Kavousi, Alireza and Le, Duc V. and Jovanovic, Philipp and Danezis, George},
  title =	{{BlindPerm: Efficient MEV Mitigation with an Encrypted Mempool and Permutation}},
  booktitle =	{29th International Conference on Principles of Distributed Systems (OPODIS 2025)},
  pages =	{36:1--36:21},
  series =	{Leibniz International Proceedings in Informatics (LIPIcs)},
  ISBN =	{978-3-95977-409-3},
  ISSN =	{1868-8969},
  year =	{2026},
  volume =	{361},
  editor =	{Arusoaie, Andrei and Onica, Emanuel and Spear, Michael and Tucci-Piergiovanni, Sara},
  publisher =	{Schloss Dagstuhl -- Leibniz-Zentrum f{\"u}r Informatik},
  address =	{Dagstuhl, Germany},
  URL =		{https://drops.dagstuhl.de/entities/document/10.4230/LIPIcs.OPODIS.2025.36},
  URN =		{urn:nbn:de:0030-drops-252091},
  doi =		{10.4230/LIPIcs.OPODIS.2025.36},
  annote =	{Keywords: Encrypted mempool, maximal extractable value, distributed systems}
}
Document
Quadratic Kernel for Cliques or Trees Vertex Deletion

Authors: Soh Kumabe

Published in: LIPIcs, Volume 359, 36th International Symposium on Algorithms and Computation (ISAAC 2025)


Abstract
We consider Cliques or Trees Vertex Deletion, which is a hybrid of two fundamental parameterized problems: Cluster Vertex Deletion and Feedback Vertex Set. In this problem, we are given an undirected graph G and an integer k, and asked to find a vertex subset X of size at most k such that each connected component of G-X is either a clique or a tree. Jacob et al. (ISAAC, 2024) provided a kernel of O(k⁵) vertices for this problem, which was recently improved to O(k⁴) by Tsur (IPL, 2025). Our main result is a kernel of O(k²) vertices. This result closes the gap between the kernelization result for Feedback Vertex Set, which corresponds to the case where each connected component of G-X must be a tree. Although both cluster vertex deletion number and feedback vertex set number are well-studied structural parameters, little attention has been given to parameters that generalize both of them. In fact, the lowest common well-known generalization of them is clique-width, which is a highly general parameter. To fill the gap here, we initiate the study of the cliques or trees vertex deletion number as a structural parameter. We prove that Longest Cycle, which is a fundamental problem that does not admit o(n^k)-time algorithm unless ETH fails when k is the clique-width, becomes fixed-parameter tractable when parameterized by the cliques or trees vertex deletion number.

Cite as

Soh Kumabe. Quadratic Kernel for Cliques or Trees Vertex Deletion. In 36th International Symposium on Algorithms and Computation (ISAAC 2025). Leibniz International Proceedings in Informatics (LIPIcs), Volume 359, pp. 48:1-48:15, Schloss Dagstuhl – Leibniz-Zentrum für Informatik (2025)


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@InProceedings{kumabe:LIPIcs.ISAAC.2025.48,
  author =	{Kumabe, Soh},
  title =	{{Quadratic Kernel for Cliques or Trees Vertex Deletion}},
  booktitle =	{36th International Symposium on Algorithms and Computation (ISAAC 2025)},
  pages =	{48:1--48:15},
  series =	{Leibniz International Proceedings in Informatics (LIPIcs)},
  ISBN =	{978-3-95977-408-6},
  ISSN =	{1868-8969},
  year =	{2025},
  volume =	{359},
  editor =	{Chen, Ho-Lin and Hon, Wing-Kai and Tsai, Meng-Tsung},
  publisher =	{Schloss Dagstuhl -- Leibniz-Zentrum f{\"u}r Informatik},
  address =	{Dagstuhl, Germany},
  URL =		{https://drops.dagstuhl.de/entities/document/10.4230/LIPIcs.ISAAC.2025.48},
  URN =		{urn:nbn:de:0030-drops-249568},
  doi =		{10.4230/LIPIcs.ISAAC.2025.48},
  annote =	{Keywords: Fixed-Parameter Tractability, Kernelization, Deletion to Scattered Graph Classes, Cluster Vertex Deletion, Feedback Vertex Set}
}
Document
Show Me Your Best Side: Characteristics of User-Preferred Perspectives for 3D Graph Drawings

Authors: Lucas Joos, Gavin J. Mooney, Maximilian T. Fischer, Daniel A. Keim, Falk Schreiber, Helen C. Purchase, and Karsten Klein

Published in: LIPIcs, Volume 357, 33rd International Symposium on Graph Drawing and Network Visualization (GD 2025)


Abstract
The visual analysis of graphs in 3D has become increasingly popular, accelerated by the rise of immersive technology, such as augmented and virtual reality. Unlike 2D drawings, 3D graph layouts are highly viewpoint-dependent, making perspective selection critical for revealing structural and relational patterns. Despite its importance, there is limited empirical evidence guiding what constitutes an effective or preferred viewpoint from the user’s perspective. In this paper, we present a systematic investigation into user-preferred viewpoints in 3D graph visualisations. We conducted a controlled study with 23 participants in a virtual reality environment, where users selected their most and least preferred viewpoints for 36 different graphs varying in size and layout. From this data, enriched by qualitative feedback, we distil common strategies underlying viewpoint choice. We further analyse the alignment of user preferences with classical 2D aesthetic criteria (e.g., Crossings), 3D-specific measures (e.g., Node-Node Occlusion), and introduce a novel measure capturing the perceivability of a graph’s principal axes (Isometric Viewpoint Deviation). Our data-driven analysis indicates that Stress, Crossings, Gabriel Ratio, Edge-Node Overlap, and Isometric Viewpoint Deviation are key indicators of viewpoint preference. Beyond our findings, we contribute a publicly available dataset consisting of the graphs and computed aesthetic measures, supporting further research and the development of viewpoint evaluation measures for 3D graph drawing.

Cite as

Lucas Joos, Gavin J. Mooney, Maximilian T. Fischer, Daniel A. Keim, Falk Schreiber, Helen C. Purchase, and Karsten Klein. Show Me Your Best Side: Characteristics of User-Preferred Perspectives for 3D Graph Drawings. In 33rd International Symposium on Graph Drawing and Network Visualization (GD 2025). Leibniz International Proceedings in Informatics (LIPIcs), Volume 357, pp. 37:1-37:19, Schloss Dagstuhl – Leibniz-Zentrum für Informatik (2025)


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@InProceedings{joos_et_al:LIPIcs.GD.2025.37,
  author =	{Joos, Lucas and Mooney, Gavin J. and Fischer, Maximilian T. and Keim, Daniel A. and Schreiber, Falk and Purchase, Helen C. and Klein, Karsten},
  title =	{{Show Me Your Best Side: Characteristics of User-Preferred Perspectives for 3D Graph Drawings}},
  booktitle =	{33rd International Symposium on Graph Drawing and Network Visualization (GD 2025)},
  pages =	{37:1--37:19},
  series =	{Leibniz International Proceedings in Informatics (LIPIcs)},
  ISBN =	{978-3-95977-403-1},
  ISSN =	{1868-8969},
  year =	{2025},
  volume =	{357},
  editor =	{Dujmovi\'{c}, Vida and Montecchiani, Fabrizio},
  publisher =	{Schloss Dagstuhl -- Leibniz-Zentrum f{\"u}r Informatik},
  address =	{Dagstuhl, Germany},
  URL =		{https://drops.dagstuhl.de/entities/document/10.4230/LIPIcs.GD.2025.37},
  URN =		{urn:nbn:de:0030-drops-250236},
  doi =		{10.4230/LIPIcs.GD.2025.37},
  annote =	{Keywords: Graph Aesthetics, Immersive 3D, Node-Link Diagrams, Empirical Evaluation}
}
Document
PhD Panel
Unsupervised Multimodal Learning for Fault Diagnosis and Prognosis - Application to Radiotherapy Systems (PhD Panel)

Authors: Kélian Poujade, Louise Travé-Massuyès, Jérémy Pirard, and Laure Vieillevigne

Published in: OASIcs, Volume 136, 36th International Conference on Principles of Diagnosis and Resilient Systems (DX 2025)


Abstract
Modern complex systems, such as radiotherapy machines, require robust strategies for fault detection, diagnosis, and prognosis to ensure operational continuity and patient safety. While data-driven methods have gained traction, few studies address diagnostic and prognostic tasks using multimodal operational data under unsupervised or semi-supervised learning settings. This gap is particularly critical given the scarcity of labeled failure data in real-world environments. This work aims to design a unified approach for fault detection, diagnosis, and prognosis using multimodal data in the absence of complete labeling. To this end, autoencoders (AEs) are employed due to their suitability for unsupervised and self-supervised learning, flexibility in handling heterogeneous data, and ability to construct latent representations optimized for various downstream tasks. A specific implementation based on a Long Short-Term Memory β-Variational Autoencoder (LSTM-β-VAE) was developed to detect anomalies in machine logs. This framework is applied to TomoTherapy® systems - a highly complex and under-explored use case within the radiotherapy domain. Initial results demonstrate strong anomaly detection performance on both a public benchmark dataset (HDFS) and a proprietary dataset derived from real-world TomoTherapy® machine faults. Beyond methodology, the paper includes a concise literature review of multimodal learning and data-driven diagnosis and prognosis with a focus on AEs. Based on this review, key research directions are identified for the continuation of the thesis, especially the integration of explainable AI as a means to enhance diagnosis capabilities in the absence of labeled faults.

Cite as

Kélian Poujade, Louise Travé-Massuyès, Jérémy Pirard, and Laure Vieillevigne. Unsupervised Multimodal Learning for Fault Diagnosis and Prognosis - Application to Radiotherapy Systems (PhD Panel). In 36th International Conference on Principles of Diagnosis and Resilient Systems (DX 2025). Open Access Series in Informatics (OASIcs), Volume 136, pp. 16:1-16:17, Schloss Dagstuhl – Leibniz-Zentrum für Informatik (2025)


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@InProceedings{poujade_et_al:OASIcs.DX.2025.16,
  author =	{Poujade, K\'{e}lian and Trav\'{e}-Massuy\`{e}s, Louise and Pirard, J\'{e}r\'{e}my and Vieillevigne, Laure},
  title =	{{Unsupervised Multimodal Learning for Fault Diagnosis and Prognosis - Application to Radiotherapy Systems}},
  booktitle =	{36th International Conference on Principles of Diagnosis and Resilient Systems (DX 2025)},
  pages =	{16:1--16:17},
  series =	{Open Access Series in Informatics (OASIcs)},
  ISBN =	{978-3-95977-394-2},
  ISSN =	{2190-6807},
  year =	{2025},
  volume =	{136},
  editor =	{Quinones-Grueiro, Marcos and Biswas, Gautam and Pill, Ingo},
  publisher =	{Schloss Dagstuhl -- Leibniz-Zentrum f{\"u}r Informatik},
  address =	{Dagstuhl, Germany},
  URL =		{https://drops.dagstuhl.de/entities/document/10.4230/OASIcs.DX.2025.16},
  URN =		{urn:nbn:de:0030-drops-248058},
  doi =		{10.4230/OASIcs.DX.2025.16},
  annote =	{Keywords: Artificial Intelligence, Diagnosis, Prognosis, Radiotherapy machines}
}
Document
Model-Agnostic Approximation of Constrained Forest Problems

Authors: Corinna Coupette, Alipasha Montaseri, and Christoph Lenzen

Published in: LIPIcs, Volume 356, 39th International Symposium on Distributed Computing (DISC 2025)


Abstract
Constrained Forest Problems (CFPs) as introduced by Goemans and Williamson in 1995 capture a wide range of network design problems with edge subsets as solutions, such as Minimum Spanning Tree, Steiner Forest, and Point-to-Point Connection. While individual CFPs have been studied extensively in individual computational models, a unified approach to solving general CFPs in multiple computational models has been lacking. Against this background, we present the shell-decomposition algorithm, a model-agnostic meta-algorithm that efficiently computes a (2+ε)-approximation to CFPs for a broad class of forest functions. The shell-decomposition algorithm isolates the problem-specific hardness of individual CFPs in a single computational subroutine, breaking the remainder of the computation into fundamental tasks that are studied extensively in a wide range of computational models. In contrast to prior work, our framework is compatible with the use of approximate distances. To demonstrate the power and flexibility of this result, we instantiate our algorithm for three fundamental, NP-hard CFPs (Steiner Forest, Point-to-Point Connection, and Facility Placement and Connection) in three different computational models (Congest, PRAM, and Multi-Pass Streaming). For constant ε, we obtain the following (2+ε)-approximations in the Congest model: [(1)] 1) For Steiner Forest specified via input components (SF-IC), where each node knows the identifier of one of k disjoint subsets of V (the input components), we achieve a deterministic (2+ε)-approximation in 𝒪̃(√n+D+k) rounds, where D is the hop diameter of the graph, significantly improving over the state of the art. 2) For Steiner Forest specified via symmetric connection requests (SF-SCR), where connection requests are issued to pairs of nodes u,v ∈ V, we leverage randomized equality testing to reduce the running time to 𝒪̃(√n+D), succeeding with high probability. 3) For Point-to-Point Connection, we provide a (2+ε)-approximation in 𝒪̃(√n+D) rounds. 4) For Facility Placement and Connection, a relative of non-metric Uncapacitated Facility Location, we obtain a (2+ε)-approximation in 𝒪̃(√n + D) rounds. We further show how to replace the √n+D term by the complexity of solving Partwise Aggregation, achieving (near-)universal optimality in any setting in which a solution to Partwise Aggregation in near-shortcut-quality time is known. Notably, all of our concrete results can be derived with relative ease once our model-agnostic meta-algorithm has been specified. This demonstrates the power of our modularization approach to algorithm design.

Cite as

Corinna Coupette, Alipasha Montaseri, and Christoph Lenzen. Model-Agnostic Approximation of Constrained Forest Problems. In 39th International Symposium on Distributed Computing (DISC 2025). Leibniz International Proceedings in Informatics (LIPIcs), Volume 356, pp. 25:1-25:24, Schloss Dagstuhl – Leibniz-Zentrum für Informatik (2025)


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@InProceedings{coupette_et_al:LIPIcs.DISC.2025.25,
  author =	{Coupette, Corinna and Montaseri, Alipasha and Lenzen, Christoph},
  title =	{{Model-Agnostic Approximation of Constrained Forest Problems}},
  booktitle =	{39th International Symposium on Distributed Computing (DISC 2025)},
  pages =	{25:1--25:24},
  series =	{Leibniz International Proceedings in Informatics (LIPIcs)},
  ISBN =	{978-3-95977-402-4},
  ISSN =	{1868-8969},
  year =	{2025},
  volume =	{356},
  editor =	{Kowalski, Dariusz R.},
  publisher =	{Schloss Dagstuhl -- Leibniz-Zentrum f{\"u}r Informatik},
  address =	{Dagstuhl, Germany},
  URL =		{https://drops.dagstuhl.de/entities/document/10.4230/LIPIcs.DISC.2025.25},
  URN =		{urn:nbn:de:0030-drops-248420},
  doi =		{10.4230/LIPIcs.DISC.2025.25},
  annote =	{Keywords: Distributed Graph Algorithms, Model-Agnostic Algorithms, Steiner Forest}
}
Document
Strategic Analysis of Just-In-Time Liquidity Provision in Concentrated Liquidity Market Makers

Authors: Bruno Llacer Trotti, Weizhao Tang, Rachid El-Azouzi, Giulia Fanti, and Daniel Sadoc Menasché

Published in: LIPIcs, Volume 354, 7th Conference on Advances in Financial Technologies (AFT 2025)


Abstract
Liquidity providers (LPs) are essential figures in the operation of automated market makers (AMMs); in exchange for transaction fees, LPs lend the liquidity that allows AMMs to operate. While many prior works have studied the incentive structures of LPs in general, we currently lack a principled understanding of a special class of LPs known as Just-In-Time (JIT) LPs. These are strategic agents who momentarily supply liquidity for a single swap, in an attempt to extract disproportionately high fees relative to the remaining passive LPs. This paper provides the first formal, transaction-level model of JIT liquidity provision for a widespread class of AMMs known as Concentrated Liquidity Market Makers (CLMMs), as seen in Uniswap V3, for instance. We characterize the landscape of price impact and fee allocation in these systems, formulate and analyze a non-linear optimization problem faced by JIT LPs, and prove the existence of an optimal strategy. By fitting our optimal solution for JIT LPs to real-world CLMMs, we observe that in liquidity pools (particularly those with risky assets), there is a significant gap between observed and optimal JIT behavior. Existing JIT LPs often fail to account for price impact; doing so, we estimate they could increase earnings by up to 69% on average over small time windows. We also show that JIT liquidity, when deployed strategically, can improve market efficiency reducing slippage for traders, albeit at the cost of eroding passive LP profits by up to 44% per trade on average.

Cite as

Bruno Llacer Trotti, Weizhao Tang, Rachid El-Azouzi, Giulia Fanti, and Daniel Sadoc Menasché. Strategic Analysis of Just-In-Time Liquidity Provision in Concentrated Liquidity Market Makers. In 7th Conference on Advances in Financial Technologies (AFT 2025). Leibniz International Proceedings in Informatics (LIPIcs), Volume 354, pp. 8:1-8:22, Schloss Dagstuhl – Leibniz-Zentrum für Informatik (2025)


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@InProceedings{llacertrotti_et_al:LIPIcs.AFT.2025.8,
  author =	{Llacer Trotti, Bruno and Tang, Weizhao and El-Azouzi, Rachid and Fanti, Giulia and Menasch\'{e}, Daniel Sadoc},
  title =	{{Strategic Analysis of Just-In-Time Liquidity Provision in Concentrated Liquidity Market Makers}},
  booktitle =	{7th Conference on Advances in Financial Technologies (AFT 2025)},
  pages =	{8:1--8:22},
  series =	{Leibniz International Proceedings in Informatics (LIPIcs)},
  ISBN =	{978-3-95977-400-0},
  ISSN =	{1868-8969},
  year =	{2025},
  volume =	{354},
  editor =	{Avarikioti, Zeta and Christin, Nicolas},
  publisher =	{Schloss Dagstuhl -- Leibniz-Zentrum f{\"u}r Informatik},
  address =	{Dagstuhl, Germany},
  URL =		{https://drops.dagstuhl.de/entities/document/10.4230/LIPIcs.AFT.2025.8},
  URN =		{urn:nbn:de:0030-drops-247278},
  doi =		{10.4230/LIPIcs.AFT.2025.8},
  annote =	{Keywords: Concentrated Liquidity Market Makers, Uniswap, Just-in-Time}
}
Document
Mechanism Design for Automated Market Makers

Authors: T-H. Hubert Chan, Ke Wu, and Elaine Shi

Published in: LIPIcs, Volume 354, 7th Conference on Advances in Financial Technologies (AFT 2025)


Abstract
Blockchains have popularized automated market makers (AMMs), applications that run on a blockchain, maintain a pool of crypto-assets, and execute trades with users governed by some pricing function. AMMs have also introduced a significant challenge known as the Miner Extractable Value (MEV). Specifically, miners who control the contents and sequencing of transactions in a block can extract value by front-running and back-running users' transactions, creating arbitrage opportunities that guarantee them risk-free returns. MEV not only harms ordinary users, but more critically, encourages miners to auction off favorable transaction placements to users and arbitragers. This has fostered a more centralized off-chain eco-system, departing from the decentralized equilibrium originally envisioned for the blockchain infrastructure layer. In this paper, we consider how to design AMM mechanisms that eliminate MEV opportunities. Specifically, we propose a new AMM mechanism that processes all transactions contained within a block according to some pre-defined rules, ensuring that some constant potential function is maintained after processing the batch. We show that our new mechanism satisfies two tiers of guarantees. First, for legacy blockchains where each block is proposed by a single (possibly rotating) miner, we prove that our mechanism satisfies arbitrage resilience, i.e., a miner cannot gain risk-free profit. Second, for blockchains where the block proposal process is decentralized and offers sequencing-fairness, we prove a strictly stronger notion called strategy proofness - roughly speaking, we guarantee that any individual user’s best response is to follow the honest strategy. Our results complement prior works on MEV resilience in the following senses. First, prior works have shown impossibilities to address MEV entirely at the consensus level. Our work demonstrates a new paradigm of mechanism design at the application (i.e., smart contract) layer to ensure provable guarantees of strategy proofness. Second, many works have attempted to augment the underlying consensus protocol with extra properties such as sequencing fairness. While most previous works heuristically argued why these extra properties help to mitigate MEV, our work demonstrates in a mathematically formal manner how to leverage such consensus-level properties to aid the design of strategy-proof mechanisms.

Cite as

T-H. Hubert Chan, Ke Wu, and Elaine Shi. Mechanism Design for Automated Market Makers. In 7th Conference on Advances in Financial Technologies (AFT 2025). Leibniz International Proceedings in Informatics (LIPIcs), Volume 354, pp. 7:1-7:22, Schloss Dagstuhl – Leibniz-Zentrum für Informatik (2025)


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@InProceedings{chan_et_al:LIPIcs.AFT.2025.7,
  author =	{Chan, T-H. Hubert and Wu, Ke and Shi, Elaine},
  title =	{{Mechanism Design for Automated Market Makers}},
  booktitle =	{7th Conference on Advances in Financial Technologies (AFT 2025)},
  pages =	{7:1--7:22},
  series =	{Leibniz International Proceedings in Informatics (LIPIcs)},
  ISBN =	{978-3-95977-400-0},
  ISSN =	{1868-8969},
  year =	{2025},
  volume =	{354},
  editor =	{Avarikioti, Zeta and Christin, Nicolas},
  publisher =	{Schloss Dagstuhl -- Leibniz-Zentrum f{\"u}r Informatik},
  address =	{Dagstuhl, Germany},
  URL =		{https://drops.dagstuhl.de/entities/document/10.4230/LIPIcs.AFT.2025.7},
  URN =		{urn:nbn:de:0030-drops-247265},
  doi =		{10.4230/LIPIcs.AFT.2025.7},
  annote =	{Keywords: Mechanism design, game theory, strategy proof, blockchain}
}
Document
Unravelling the Probabilistic Forest: Arbitrage in Prediction Markets

Authors: Oriol Saguillo, Vahid Ghafouri, Lucianna Kiffer, and Guillermo Suarez-Tangil

Published in: LIPIcs, Volume 354, 7th Conference on Advances in Financial Technologies (AFT 2025)


Abstract
Polymarket is a prediction market platform where users can speculate on future events by trading shares tied to specific outcomes, known as conditions. Each market on Polymarket is associated with a set of one or more such conditions. To ensure proper market resolution, the condition set must be exhaustive - collectively accounting for all possible outcomes - and mutually exclusive - only one condition may resolve as true. Thus, the collective prices (probabilities) of all related outcomes (whether in a condition or market) should be $1, representing a combined probability of 1 of any outcome. Despite this design, Polymarket exhibits cases where dependent assets are mispriced, allowing for purchasing (or selling) a certain outcome for less than (or more than) $1, guaranteeing profit. This phenomenon, known as arbitrage, could enable sophisticated participants to exploit such inconsistencies. In this paper, we conduct an empirical arbitrage analysis on Polymarket data to answer three key questions: (Q1) What conditions give rise to arbitrage? (Q2) Does arbitrage actually occur on Polymarket?, and (Q3) Has anyone exploited these opportunities? A major challenge in analyzing arbitrage between related markets lies in the scalability of comparisons across a large number of markets and conditions, with a naive analysis requiring O(2^{n+m}) comparisons. To overcome this, we employ a heuristic-driven reduction strategy based on timeliness, topical similarity, and combinatorial relationships, further validated by expert input. Our study reveals two distinct forms of arbitrage on Polymarket: Market Rebalancing Arbitrage, which occurs within a single market or condition (intra-market), and Combinatorial Arbitrage, which spans across multiple markets (inter-market). We use on-chain historical order book data to analyze when these types of arbitrage opportunities have existed, and when they have been executed by users. We find a realized estimate of 40 million USD of profit extracted across both types of arbitrage during our measurement period.

Cite as

Oriol Saguillo, Vahid Ghafouri, Lucianna Kiffer, and Guillermo Suarez-Tangil. Unravelling the Probabilistic Forest: Arbitrage in Prediction Markets. In 7th Conference on Advances in Financial Technologies (AFT 2025). Leibniz International Proceedings in Informatics (LIPIcs), Volume 354, pp. 27:1-27:24, Schloss Dagstuhl – Leibniz-Zentrum für Informatik (2025)


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@InProceedings{saguillo_et_al:LIPIcs.AFT.2025.27,
  author =	{Saguillo, Oriol and Ghafouri, Vahid and Kiffer, Lucianna and Suarez-Tangil, Guillermo},
  title =	{{Unravelling the Probabilistic Forest: Arbitrage in Prediction Markets}},
  booktitle =	{7th Conference on Advances in Financial Technologies (AFT 2025)},
  pages =	{27:1--27:24},
  series =	{Leibniz International Proceedings in Informatics (LIPIcs)},
  ISBN =	{978-3-95977-400-0},
  ISSN =	{1868-8969},
  year =	{2025},
  volume =	{354},
  editor =	{Avarikioti, Zeta and Christin, Nicolas},
  publisher =	{Schloss Dagstuhl -- Leibniz-Zentrum f{\"u}r Informatik},
  address =	{Dagstuhl, Germany},
  URL =		{https://drops.dagstuhl.de/entities/document/10.4230/LIPIcs.AFT.2025.27},
  URN =		{urn:nbn:de:0030-drops-247468},
  doi =		{10.4230/LIPIcs.AFT.2025.27},
  annote =	{Keywords: Prediction Markets, Maximal Extractable Value, Large Language Models}
}
Document
Optimistic MEV in Ethereum Layer 2s: Why Blockspace Is Always in Demand

Authors: Ozan Solmaz, Lioba Heimbach, Yann Vonlanthen, and Roger Wattenhofer

Published in: LIPIcs, Volume 354, 7th Conference on Advances in Financial Technologies (AFT 2025)


Abstract
Layer 2 rollups are rapidly absorbing DeFi activity, securing over $40 billion and accounting for nearly half of Ethereum’s DEX volume by Q1 2025, yet their MEV dynamics remain understudied. We address this gap by defining and quantifying optimistic MEV, a form of speculative, on-chain MEV whose detection and execution logic reside largely on-chain in smart contracts. As a result of their speculative nature and lack of off-chain opportunity verification, optimistic MEV transactions frequently decide not to execute any trades. In this work, we focus on cyclic arbitrage, which we find is predominantly executed as optimistic MEV on Layer 2s. Using our multi-stage identification pipeline on Arbitrum, Base, and Optimism, we show that in Q1 2025, transactions from cyclic arbitrage contracts account for over 50% of on-chain gas on Base and Optimism and 7% on Arbitrum, driven mainly by "interaction" probes (on-chain computations searching for arbitrage). This speculative probing indicates that cyclic arbitrage on Layer 2s is predominantly executed as optimistic MEV and contributes to generally keeping blocks on Base and Optimism persistently full. Despite consuming over half of on-chain gas, these optimistic MEV transactions pay less than one quarter of total gas fees. Cross-network comparison reveals divergent success rates, differing patterns of code reuse, and sensitivity to varying sequencer ordering and block production times. Finally, OLS regressions link optimistic MEV trade count to ETH volatility, retail trading activity, and DEX aggregator usage. Together, these findings show that optimistic MEV has become a major source of persistent spam-like transaction activity on Layer 2s, dominating blockspace with low-value probes and reshaping the composition of on-chain activity.

Cite as

Ozan Solmaz, Lioba Heimbach, Yann Vonlanthen, and Roger Wattenhofer. Optimistic MEV in Ethereum Layer 2s: Why Blockspace Is Always in Demand. In 7th Conference on Advances in Financial Technologies (AFT 2025). Leibniz International Proceedings in Informatics (LIPIcs), Volume 354, pp. 28:1-28:24, Schloss Dagstuhl – Leibniz-Zentrum für Informatik (2025)


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@InProceedings{solmaz_et_al:LIPIcs.AFT.2025.28,
  author =	{Solmaz, Ozan and Heimbach, Lioba and Vonlanthen, Yann and Wattenhofer, Roger},
  title =	{{Optimistic MEV in Ethereum Layer 2s: Why Blockspace Is Always in Demand}},
  booktitle =	{7th Conference on Advances in Financial Technologies (AFT 2025)},
  pages =	{28:1--28:24},
  series =	{Leibniz International Proceedings in Informatics (LIPIcs)},
  ISBN =	{978-3-95977-400-0},
  ISSN =	{1868-8969},
  year =	{2025},
  volume =	{354},
  editor =	{Avarikioti, Zeta and Christin, Nicolas},
  publisher =	{Schloss Dagstuhl -- Leibniz-Zentrum f{\"u}r Informatik},
  address =	{Dagstuhl, Germany},
  URL =		{https://drops.dagstuhl.de/entities/document/10.4230/LIPIcs.AFT.2025.28},
  URN =		{urn:nbn:de:0030-drops-247479},
  doi =		{10.4230/LIPIcs.AFT.2025.28},
  annote =	{Keywords: blockchain, MEV, Layer 2, Ethereum}
}
Document
Measuring CEX-DEX Extracted Value and Searcher Profitability: The Darkest of the MEV Dark Forest

Authors: Fei Wu, Danning Sui, Thomas Thiery, and Mallesh Pai

Published in: LIPIcs, Volume 354, 7th Conference on Advances in Financial Technologies (AFT 2025)


Abstract
This paper provides a comprehensive empirical analysis of the economics and dynamics behind arbitrages between centralized and decentralized exchanges (CEX-DEX) on Ethereum. We refine heuristics to identify arbitrage transactions from on-chain data and introduce a robust empirical framework to estimate arbitrage revenue without knowing traders' actual behaviors on CEX. Leveraging an extensive dataset spanning 19 months from August 2023 to March 2025, we estimate a total of 233.8M USD extracted by 19 major CEX-DEX searchers from 7,203,560 identified CEX-DEX arbitrages. Our analysis reveals increasing centralization trends as three searchers captured three-quarters of both volume and extracted value. We also demonstrate that searchers' profitability is tied to their integration level with block builders and uncover exclusive searcher-builder relationships and their market impact. Finally, we correct the previously underestimated profitability of block builders who vertically integrate with a searcher. These insights illuminate the darkest corner of the MEV landscape and highlight the critical implications for Ethereum’s decentralization.

Cite as

Fei Wu, Danning Sui, Thomas Thiery, and Mallesh Pai. Measuring CEX-DEX Extracted Value and Searcher Profitability: The Darkest of the MEV Dark Forest. In 7th Conference on Advances in Financial Technologies (AFT 2025). Leibniz International Proceedings in Informatics (LIPIcs), Volume 354, pp. 26:1-26:23, Schloss Dagstuhl – Leibniz-Zentrum für Informatik (2025)


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@InProceedings{wu_et_al:LIPIcs.AFT.2025.26,
  author =	{Wu, Fei and Sui, Danning and Thiery, Thomas and Pai, Mallesh},
  title =	{{Measuring CEX-DEX Extracted Value and Searcher Profitability: The Darkest of the MEV Dark Forest}},
  booktitle =	{7th Conference on Advances in Financial Technologies (AFT 2025)},
  pages =	{26:1--26:23},
  series =	{Leibniz International Proceedings in Informatics (LIPIcs)},
  ISBN =	{978-3-95977-400-0},
  ISSN =	{1868-8969},
  year =	{2025},
  volume =	{354},
  editor =	{Avarikioti, Zeta and Christin, Nicolas},
  publisher =	{Schloss Dagstuhl -- Leibniz-Zentrum f{\"u}r Informatik},
  address =	{Dagstuhl, Germany},
  URL =		{https://drops.dagstuhl.de/entities/document/10.4230/LIPIcs.AFT.2025.26},
  URN =		{urn:nbn:de:0030-drops-247450},
  doi =		{10.4230/LIPIcs.AFT.2025.26},
  annote =	{Keywords: Decentralized Finance, Maximal Extractable Value, CEX-DEX arbitrages}
}
Document
Cut-Query Algorithms with Few Rounds

Authors: Yotam Kenneth-Mordoch and Robert Krauthgamer

Published in: LIPIcs, Volume 351, 33rd Annual European Symposium on Algorithms (ESA 2025)


Abstract
In the cut-query model, the algorithm can access the input graph G = (V,E) only via cut queries that report, given a set S ⊆ V, the total weight of edges crossing the cut between S and V⧵ S. This model was introduced by Rubinstein, Schramm and Weinberg [ITCS'18] and its investigation has so far focused on the number of queries needed to solve optimization problems, such as global minimum cut. We turn attention to the round complexity of cut-query algorithms, and show that several classical problems can be solved in this model with only a constant number of rounds. Our main results are algorithms for finding a minimum cut in a graph, that offer different tradeoffs between round complexity and query complexity, where n = |V| and δ(G) denotes the minimum degree of G: (i) Õ(n^{4/3}) cut queries in two rounds in unweighted graphs; (ii) Õ(rn^{1+1/r}/δ(G)^{1/r}) queries in 2r+1 rounds for any integer r ≥ 1 again in unweighted graphs; and (iii) Õ(rn^{1+(1+log_n W)/r}) queries in 4r+3 rounds for any r ≥ 1 in weighted graphs. We also provide algorithms that find a minimum (s,t)-cut and approximate the maximum cut in a few rounds.

Cite as

Yotam Kenneth-Mordoch and Robert Krauthgamer. Cut-Query Algorithms with Few Rounds. In 33rd Annual European Symposium on Algorithms (ESA 2025). Leibniz International Proceedings in Informatics (LIPIcs), Volume 351, pp. 100:1-100:14, Schloss Dagstuhl – Leibniz-Zentrum für Informatik (2025)


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@InProceedings{kennethmordoch_et_al:LIPIcs.ESA.2025.100,
  author =	{Kenneth-Mordoch, Yotam and Krauthgamer, Robert},
  title =	{{Cut-Query Algorithms with Few Rounds}},
  booktitle =	{33rd Annual European Symposium on Algorithms (ESA 2025)},
  pages =	{100:1--100:14},
  series =	{Leibniz International Proceedings in Informatics (LIPIcs)},
  ISBN =	{978-3-95977-395-9},
  ISSN =	{1868-8969},
  year =	{2025},
  volume =	{351},
  editor =	{Benoit, Anne and Kaplan, Haim and Wild, Sebastian and Herman, Grzegorz},
  publisher =	{Schloss Dagstuhl -- Leibniz-Zentrum f{\"u}r Informatik},
  address =	{Dagstuhl, Germany},
  URL =		{https://drops.dagstuhl.de/entities/document/10.4230/LIPIcs.ESA.2025.100},
  URN =		{urn:nbn:de:0030-drops-245692},
  doi =		{10.4230/LIPIcs.ESA.2025.100},
  annote =	{Keywords: Cut Queries, Round Complexity, Submodular Optimization}
}
Document
Fast and Memory-Efficient BWT Construction of Repetitive Texts Using Lyndon Grammars

Authors: Jannik Olbrich

Published in: LIPIcs, Volume 351, 33rd Annual European Symposium on Algorithms (ESA 2025)


Abstract
The Burrows-Wheeler Transform (BWT) serves as the basis for many important sequence indexes. On very large datasets (e.g. genomic databases), classical BWT construction algorithms are often infeasible because they usually need to have the entire dataset in main memory. Fortunately, such large datasets are often highly repetitive. It can thus be beneficial to compute the BWT from a compressed representation. We propose an algorithm for computing the BWT via the Lyndon straight-line program, a grammar based on the standard factorization of Lyndon words. Our algorithm can also be used to compute the extended BWT (eBWT) of a multiset of sequences. We empirically evaluate our implementation and find that we can compute the BWT and eBWT of very large datasets faster and/or with less memory than competing methods.

Cite as

Jannik Olbrich. Fast and Memory-Efficient BWT Construction of Repetitive Texts Using Lyndon Grammars. In 33rd Annual European Symposium on Algorithms (ESA 2025). Leibniz International Proceedings in Informatics (LIPIcs), Volume 351, pp. 60:1-60:19, Schloss Dagstuhl – Leibniz-Zentrum für Informatik (2025)


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@InProceedings{olbrich:LIPIcs.ESA.2025.60,
  author =	{Olbrich, Jannik},
  title =	{{Fast and Memory-Efficient BWT Construction of Repetitive Texts Using Lyndon Grammars}},
  booktitle =	{33rd Annual European Symposium on Algorithms (ESA 2025)},
  pages =	{60:1--60:19},
  series =	{Leibniz International Proceedings in Informatics (LIPIcs)},
  ISBN =	{978-3-95977-395-9},
  ISSN =	{1868-8969},
  year =	{2025},
  volume =	{351},
  editor =	{Benoit, Anne and Kaplan, Haim and Wild, Sebastian and Herman, Grzegorz},
  publisher =	{Schloss Dagstuhl -- Leibniz-Zentrum f{\"u}r Informatik},
  address =	{Dagstuhl, Germany},
  URL =		{https://drops.dagstuhl.de/entities/document/10.4230/LIPIcs.ESA.2025.60},
  URN =		{urn:nbn:de:0030-drops-245286},
  doi =		{10.4230/LIPIcs.ESA.2025.60},
  annote =	{Keywords: Burrows-Wheeler Transform, Grammar compression}
}
Document
APPROX
Streaming Algorithms for Network Design

Authors: Chandra Chekuri, Rhea Jain, Sepideh Mahabadi, and Ali Vakilian

Published in: LIPIcs, Volume 353, Approximation, Randomization, and Combinatorial Optimization. Algorithms and Techniques (APPROX/RANDOM 2025)


Abstract
We consider the Survivable Network Design problem (SNDP) in the single-pass insertion-only streaming model. The input to SNDP is an edge-weighted graph G = (V, E) and an integer connectivity requirement r(uv) for each u, v ∈ V. The objective is to find a minimum-weight subgraph H ⊆ G such that, for every pair of vertices u, v ∈ V, u and v are r(uv)-edge/vertex-connected. Recent work by [Ce Jin et al., 2024] obtained approximation algorithms for edge-connectivity augmentation, and via that, also derived algorithms for edge-connectivity SNDP (EC-SNDP). In this work we consider vertex-connectivity setting (VC-SNDP) and obtain several results for it as well as improved results for EC-SNDP. - We provide a general framework for solving connectivity problems including SNDP and others in streaming; this is based on a connection to fault-tolerant spanners. For VC-SNDP we provide an O(tk)-approximation in Õ(k^{1-1/t}n^{1 + 1/t}) space, where k is the maximum connectivity requirement, assuming an exact algorithm at the end of the stream. Using a refined LP-based analysis, we provide an O(β t)-approximation where β is the integrality gap of the natural cut-based LP relaxation. These are the first approximation algorithms in the streaming model for VC-SNDP. When applied to the EC-SNDP, our framework provides an O(t)-approximation in Õ(k^{1/2-1/(2t)}n^{1 + 1/t} + kn) space, improving the O(t log k)-approximation of [Ce Jin et al., 2024] using Õ(kn^{1+1/t}) space; this also extends to element-connectivity SNDP. - We consider vertex connectivity-augmentation in the link-arrival model. The input is a k-vertex-connected spanning subgraph G, and additional weighted links L arrive in the stream; the goal is to store the min-weight set of links such that G ∪ L is (k+1)-vertex-connected. We obtain constant-factor approximations in near-linear space for k = 1, 2. Our result for k = 2 is based on using the SPQR tree, a novel application for this well-known representation of 2-connected graphs.

Cite as

Chandra Chekuri, Rhea Jain, Sepideh Mahabadi, and Ali Vakilian. Streaming Algorithms for Network Design. In Approximation, Randomization, and Combinatorial Optimization. Algorithms and Techniques (APPROX/RANDOM 2025). Leibniz International Proceedings in Informatics (LIPIcs), Volume 353, pp. 4:1-4:23, Schloss Dagstuhl – Leibniz-Zentrum für Informatik (2025)


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@InProceedings{chekuri_et_al:LIPIcs.APPROX/RANDOM.2025.4,
  author =	{Chekuri, Chandra and Jain, Rhea and Mahabadi, Sepideh and Vakilian, Ali},
  title =	{{Streaming Algorithms for Network Design}},
  booktitle =	{Approximation, Randomization, and Combinatorial Optimization. Algorithms and Techniques (APPROX/RANDOM 2025)},
  pages =	{4:1--4:23},
  series =	{Leibniz International Proceedings in Informatics (LIPIcs)},
  ISBN =	{978-3-95977-397-3},
  ISSN =	{1868-8969},
  year =	{2025},
  volume =	{353},
  editor =	{Ene, Alina and Chattopadhyay, Eshan},
  publisher =	{Schloss Dagstuhl -- Leibniz-Zentrum f{\"u}r Informatik},
  address =	{Dagstuhl, Germany},
  URL =		{https://drops.dagstuhl.de/entities/document/10.4230/LIPIcs.APPROX/RANDOM.2025.4},
  URN =		{urn:nbn:de:0030-drops-243709},
  doi =		{10.4230/LIPIcs.APPROX/RANDOM.2025.4},
  annote =	{Keywords: Streaming Algorithms, Survivable Network Design, Fault-Tolerant Spanners}
}
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