NanoSpec: Accelerating Speculative Decoding using Minimalist In-Context Vocabularies

Speculative decoding accelerates inference for Large Language Models by using a lightweight draft model to propose candidate tokens that are verified in parallel by a larger target model. Prior work shows that the draft model often dominates speculative decoding latency, since it generates tokens sequentially and incurs high cost from its language modeling head as vocabulary size grows. This exposes a fundamental trade-off in draft model design: larger vocabularies improve token coverage and agreement with the target model, but incur higher draft latency, while smaller vocabularies reduce latency at the risk of missing tokens required for accurate draft generation. We address this trade-off through vocabulary trimming for draft models, motivated by the observation that domain-specific workloads use only a small fraction of the full vocabulary. We cast draft vocabulary selection as a constrained optimization problem that balances token coverage and draft latency. Coverage is computed over assistant responses in the training data, while latency is estimated using architecture-aware FLOPs that capture the cost of the language modeling head as a function of vocabulary size. We optimize a utility function with a Tree-structured Parzen Estimator to efficiently explore the coverage-latency Pareto frontier under a minimum coverage constraint. Experiments show improved speculative decoding throughput while reducing draft vocabularies by up to 97% with high coverage. On domain-specific tasks, we achieve up to 16% latency reduction and 20% throughput improvement, and up to 6.7% throughput gains on diverse out-of-distribution tasks.

Speculative decoding alleviates the memory-bandwidth bottleneck in large language model inference, but its acceleration is jointly constrained by drafting overhead, token acceptance, and speculation length. We present a unified efficiency analysis showing that extending the speculation horizon can reduce rather than improve speedup when the marginal acceptance probability falls below the relative drafting cost. Guided by this analysis, we introduce SparseSpec-L, a training-free self-speculative decoding framework for long-context inference. SparseSpec-L generates lightweight drafts directly from the target model using a dynamically sparsified and recallable KV cache. It recycles per-head attention statistics produced during full-context verification as a no-extra-forward importance signal, allowing critical historical tokens to be recalled without permanently discarding the dense KV cache. An online entropy-based controller further selects the speculation length according to expected step-wise efficiency. Experiments across multiple long-context tasks and model scales show consistent end-to-end acceleration, with up to speedup over autoregressive decoding while preserving the target model's output distribution.

Speculative decoding accelerates Large Language Model inference via a draft-then-verify paradigm, yet the output projection layer becomes a bottleneck as vocabulary sizes scale. While existing static pruning methods effectively reduce this overhead, they suffer from precipitous drops in acceptance rate in specialized domains or topic-switching scenarios due to their inability to capture dynamic distribution shifts. To address this, we introduce EvoSpec, a framework that enables real-time evolution of the draft model through dynamic vocabulary and parameter adaptation. Unlike static or purely retrieval-based approaches, EvoSpec employs a context-aware mechanism that retrieves critical long-tail tokens via efficient semantic and statistical indexing. Furthermore, we propose a lightweight online alignment strategy utilizing curriculum learning to continually minimize the distributional gap between the draft and target models. Extensive evaluations across specialized domains (coding, law, and medicine) confirm that EvoSpec overcomes the limitations of static baselines. On EAGLE-3, it achieves a 1.13x speedup in these settings over the state-of-the-art static baseline FR-Spec, with 27% lower memory overhead than standard online adaptation.