RACER: Retrieval-Augmented Contextual Rapid Speculative Decoding

Speculative decoding has significantly accelerated Large Language Model (LLM) inference by alleviating memory-bound bottlenecks. However, traditional speculative decoding typically relies on auxiliary draft modules, incurring significant training and communication overhead. Although recent methods attempt to generate drafts within the target model itself, they often fail to fully exploit its latent parallel capacity due to a lack of structural coordination. In this paper, we propose \textbf{Progressive Tree Drafting (PTD)}, which employs a structured, guided parallel drafting strategy to harness the model's parallel potential. By coupling a progressive tree structure with a stepwise pruning mechanism, PTD actively guides the LLM to explore multiple semantic paths in a single forward pass, ensuring both draft diversity and coherence. Experiments demonstrate that PTD achieves up to $2\times$ decoding speedup across various benchmarks while remaining training-free and model-agnostic. Our code is available at: https://github.com/MINE-USTC/PTD.

Speculative decoding (SD) accelerates language model inference by drafting tokens from a cheap proposal model and verifying them against an expensive target model via rejection sampling. Because rejection truncates the draft block at the first error, throughput degrades when draft and target diverge. Rather than rejecting draft tokens outright, we propose to reweight them. To this end, we introduce sequential Monte Carlo speculative decoding (SMC-SD), which replaces token-level rejection with importance-weighted resampling over a population of draft particles. SMC-SD is a principled approximate inference scheme that trades exactness for additional speed, while preserving theoretical bounds on its per-step approximation error. Because LLM inference is memory bandwidth-bound, the arithmetic needed to draft particles and to score them in parallel comes nearly for free -- SMC-SD uses idle compute to turn verification into a vectorized, fixed-size operation with no rollback. Empirically, SMC-SD achieves 2.36x speed-up over speculative decoding and a 5.2x speed-up over autoregressive decoding, while remaining within 3% of the target model's accuracy on reasoning, instruction-following, and coding benchmarks.

Large Language Model (LLM) generation remains expensive because autoregressive decoding calls the model once for each new token. Speculative decoding reduces this cost by drafting multiple tokens and verifying them with the target model in one step, but its speedup depends on how many drafted tokens are accepted. Parameter-free draft sources can propose long continuations at low cost in structured and agentic workloads, yet a cache match that looks promising at one generation step may have low payoff at the next. We propose Hybrid Verified Decoding, which predicts the accepted length of a cache draft before verification and uses this payoff estimate to choose between cache verification and a model-based drafter. Across three LLMs and sixteen datasets, Hybrid Verified Decoding is especially effective on agentic workflows, where it outperforms EAGLE3 in every setting with a 2.73x average speedup. Our analysis shows how prompt structure creates cache opportunities, how high-payoff cache drafts concentrate in a small part of the draft space, and how payoff-guided selection reduces sequential decoding work, pointing to runtime draft selection as a promising direction for speculative decoding.