Give the Drafter a Second Chance to Guess: Parallel Reconsideration for Speculative Decoding

Speculative decoding accelerates large language model inference by using a low-cost draft model to propose tokens that the full-size target model verifies in parallel. Parallel and semi-autoregressive (semi- AR) drafters improve drafting efficiency by proposing an entire block in a single forward pass, but training them raises a new difficulty: the draft distribution for a given position depends on where the decoding round starts, and where rounds start depends on how many tokens earlier rounds accepted. Existing training objectives typically rely on block-local surrogates that ignore this cross-round coupling, and therefore do not directly optimize the global decoding efficiency. In this work, we develop a theoretical framework for training and evaluating these drafters by representing speculative decoding as a Markov reward process. This formulation yields the Expected Decoding Rounds (EDR) objective, which weights local rejection costs by state occupancies and exactly equals the expected number of decoding rounds. Unlike prior surrogate objectives, EDR introduces no auxiliary hyperparameters. We then derive an exact temporal-difference gradient that supports unbiased stochastic optimization from target-model rollouts. The same framework also yields an exact offline evaluator for round counts, enabling paired drafter comparisons on shared target rollouts without running speculative decoding. Finetuning two state-of-the- art drafters, DSpark and DFly, with EDR consistently improves mean accepted length and outperforms existing training objectives across nine benchmarks spanning math reasoning, code generation, and chat.

Speculative decoding accelerates LLM inference by verifying multiple drafted tokens in parallel, allowing a single target forward pass to accept several tokens. By construction, verification computes representations for both accepted and rejected tokens. Yet, conventional drafters retain only the representations of accepted tokens, leaving the substantial verifier computation spent on rejected tokens effectively wasted. We find that these discarded hidden states generated during target forward retain useful information about future tokens that can improve subsequent drafts. However, realizing this opportunity poses two distinct challenges. At inference, recycling overhead can increase drafting latency, diminishing the speedup gained from increased acceptance length. During training, standard parallel drafter training does not produce inference-aligned rejected states, while obtaining them through sequential rollouts would sacrifice parallelism across training positions. We introduce Carryover Drafting, which addresses both challenges. Carryover recycles rejected target hidden states as temporary KV context, allowing the drafter to selectively attend to them. It reuses the drafter's existing interface and adds only a single learned embedding to distinguish rejected states from committed context. The additional KV context is replaced each drafting round, keeping its length bounded by one proposal block. We introduce parallel draft--verify--draft training that exposes the drafter to inference-aligned rejected states while preserving parallelism across training positions. Experiments with DFlash and a DSpark-derived semi-autoregressive drafter across two target models show that this simple Carryover mechanism improves average acceptance length by 6.5--14.7% and end-to-end vLLM speedup by 7.9--14.4% over the corresponding baselines, with speedup gains reaching 28.8% on translation.

Speculative decoding accelerates large language model inference by pairing a target model with a lightweight draft model whose proposed tokens are verified in parallel. A common way to build draft models, like EAGLE3 or DFlash is supervised fine-tuning (SFT) on target-generated trajectories. However, we observe that SFT quickly plateaus: the draft model's acceptance length on test data stops improving. The reason is an offline-to-inference mismatch: In SFT, the drafter learns from fixed target-generated trajectories, whereas during speculative decoding it is evaluated on blocks proposed under its own policy. This motivates on-policy distillation (OPD), where the target model supervises the drafter on draft-induced states. Yet OPD remains difficult for draft models, as they cannot reliably roll out complete sequences independently, whereas target-assisted generation makes the collected sequences follow the target distribution and thus eliminates the on-policy signal. We therefore propose Draft-OPD, which uses target-assisted rollout for stable continuations and replays drafting from the verification-exposed error positions. This allows the drafter to learn from target feedback on both accepted and rejected proposals, focusing training on the draft-induced errors that limit speculative acceptance. Experiments show that Draft-OPD achieves over $5\times$ lossless acceleration for thinking models across diverse tasks, improving over EAGLE-3 and DFlash by 23% and 13%.