Research

Today, we release an open source MEV simulator for the community. It’s designed to help researchers, developers, wallets, educators, and DeFi users model different MEV attacks, run local experiments, change assumptions, and extend the simulator with new scenarios. For this MEV simulator release, we prepared the simplest scenario possible

We've been planning this post for a while, but it feels like now is the right time to finally publish it - especially given the recent discussions regarding the Ethereum Foundation and (lack of) public goods funding. We propose the creation of a Shutter PEN:  * a perpetual endowment network

Authors: Jannik Luhn, Luis Bezzenberger The most valuable agents will not be just personal. They will be shared. The dominant frame for AI agents today is the personal assistant: one user, one model, one set of preferences, one calendar to manage. This frame is too narrow.  Most of the friction

Ethereum governance experiments have produced an incredible variety of coordination mechanisms: project/token DAOs, Moloch DAOs, Nouns DAOs, retroactive public goods funding, quadratic funding, and more. Yet many of these models share the same structural weaknesses (speculation, finite runways, and governance fatigue) often resulting in reflexive collapse. What if we

Malicious MEV has been a problem on Ethereum for years. Traders get sandwiched. NFT mints get front run. Transactions get censored in real-time. All of these issues come from the same root cause - by default your transaction sits visible in the public mempool before it gets included in a

Today we’re excited to share The State of Private Voting 2026, a report prepared by the Shutter and Privacy Stewards of Ethereum (PSE) teams. The report provides a comprehensive look at the current landscape of private voting protocols on Ethereum. The report introduces a structured evaluation framework for assessing

Explore how Shutter uses threshold encryption to fight MEV, its strengths and trade-offs.

What if your AI could launch time-locked encrypted workflows with just a few prompts? That’s now possible with today’s release of the testnet alpha of Shutter MCP, powered by Shutter API. With Shutter MCP, your AI can set up and run: * Sealed-bid request for proposals * Sealed

Encrypted mempools dramatically reduce censorship and malicious MEV, but face limitations such as potential collusion, rigid setups, and added latency. In this article, we’ll explore advanced, deployable cryptographic primitives - beyond FHE and MPC - that can address these limitations.