Research

"Designing Ethereum's Geographical (De)Centralization Beyond the Atlantic"
Sen Yang, Burak Öz, Fei Wu, and Fan Zhang

"The Free Option Problem of ePBS"
Bruno Mazorra,  Burak Öz, Christoph Schlegel, and Fei Wu (in alphabetical order)
(to appear) In 30th International Conference on Financial Cryptography and Data Security (FC 2026).

"Measuring CEX-DEX Extracted Value and Searcher Profitability: The Darkest of the MEV Dark Forest"
Fei Wu, Danning Sui, Thomas Thiery, and Mallesh Pai
In 7th International Conference on Advances in Financial Technologies (AFT 2025).
Non-archival: The Latest in DeFi Research Conference 2025 (TLDR 2025).

"From Competition to Centralization: The Oligopoly in Ethereum Block Building Auctions"  
Fei Wu, Thomas Thiery, Stefanos Leonardos, and Carmine Ventre
In 28th European Conference on Artificial Intelligence (ECAI 2025).

"To Compete or Collude: Bidding Incentives in Ethereum Block Building Auctions"  
Fei Wu, Thomas Thiery, Stefanos Leonardos, and Carmine Ventre
In 5th ACM International Conference on AI in Finance (ICAIF 2024).
Non-archival: ICML 2024 Agentic Markets Workshop (ICML 2024).

"Strategic Bidding Wars in On-chain Auctions"  
Fei Wu, Thomas Thiery, Stefanos Leonardos, and Carmine Ventre
In 6th IEEE International Conference on Blockchain and Cryptocurrency (ICBC 2024).

Free Option Problem in ePBS
Part I  and  Part II
Christoph Schlegel, Bruno Mazorra, Burak Öz, Fei Wu, and others

Dune Dashboard: CEX-DEX Arbitrages
Fei Wu

Dune Query: CEX-DEX Arbitrage Heuristics and Dataset
Fei Wu and Danning Sui

MMASim - MEV-Boost Auction Simulation Framework
Fei Wu and Thomas Thiery

"Game-theoretic Model for MEV-boost Auctions (MMA)"
Thomas Thiery, Julian Ma, Fei Wu and others