Synchronized Priority Auctions
This talk will present a new paper of a novel ’Synchronized Priority Auctions’ (SPA) framework
designed to increase the efficiency of priority auctions by allowing multiple auc-
tions to settle simultaneously in a single transaction. Building on the “Priority
is All You Need” concept, our three-round mechanism (baseline bids, multi-app
bids, and fallback execution) enables different applications—such as UniswapX
and AMMs—to synchronize their priority auctions and eliminate the trading risks
associated with sequential transactions. As a result, this new framework is ex-
pected to enhance a variety of trading activities that rely on priority auctions,
including improving MEV capture for liquidity providers, optimizing trade exe-
cution for trading intents, and enabling more efficient liquidations.