Speculative Decoding: Performance or Illusion?
Xiaoxuan Liu, Jiaxiang Yu, Jongseok Park, Ion Stoica, Alvin Cheung · Dec 31, 2025 · Citations: 0
How to use this paper page
Coverage: StaleUse this page to decide whether the paper is strong enough to influence an eval design. It summarizes the abstract plus available structured metadata. If the signal is thin, use it as background context and compare it against stronger hub pages before making protocol choices.
Best use
Background context only
Metadata: StaleTrust level
Low
Signals: StaleWhat still needs checking
Extraction flags indicate low-signal or possible false-positive protocol mapping.
Signal confidence: 0.15
Abstract
Speculative decoding (SD) has become a popular technique to accelerate Large Language Model (LLM) inference, yet its real-world effectiveness remains unclear as prior evaluations rely on research prototypes and unrealistically small batch sizes. We present, to our knowledge, the first systematic study of SD on a production-grade and widely deployed inference engine (vLLM), covering multiple SD variants ($n$-gram, EAGLE/EAGLE-3, Draft-Model, Multi-Token Prediction) across diverse workloads, model scales, and batch sizes. We analyze key factors governing SD performance, and quantify a theoretical upper bound on SD speedup. Our results show that verification by the target model dominates the execution, while acceptance length varies markedly across output token positions, requests, and datasets. Comparing measured performance with theoretical bounds reveals substantial gaps between observed and theoretical upper bounds, and we leverage this observation to highlight new research opportunities that our study opens up in improving SD.