Organizations: School of Artificial Intelligence, Wuhan University, Wuhan, China · School of Computer Science, Wuhan University, Wuhan, China · School of Information Management, Wuhan University, Wuhan, China · School of Computer Science, Shanghai Jiao Tong University, China
Autoregressive decoding in Large Language Models (LLMs) generates one token per step, causing high inference latency. Speculative decoding (SD) mitigates this through a guess-and-verify strategy, but existing training-free variants face trade-offs: retrieval-based drafts break when no exact match exists, while logits-based drafts lack structural guidance. We propose RACER (Retrieval-Augmented Contextual Rapid Speculative Decoding), a lightweight and training-free method that integrates retrieved exact patterns with logit-driven future cues. This unification supplies both reliable anchors and flexible extrapolation, yielding richer speculative drafts. Experiments on Spec-Bench, HumanEval, and MGSM-ZH demonstrate that RACER consistently accelerates inference, achieving more than 2× speedup over autoregressive decoding, and outperforms prior training-free methods, offering a scalable, plug-and-play solution for efficient LLM decoding. Our source code is available at \href.