SkillAudit: From Fixed-Suite Benchmarking to Skill-Centered Assessment

Agent skills have become a practical way to extend large language model agents, but the growing skill ecosystem still lacks a reliable way to judge whether a skill is worth deploying. Existing evaluation methods remain largely anchored to fixed task suites, assessing skills through performance on predefined tasks and environments. As skill marketplaces expand, this paradigm becomes inadequate: fixed suites can conflate a skill's marginal contribution with backbone strength and miss its value when tasks fall outside the skill's intended scope. We introduce SkillAudit, an end-to-end framework for skill-centered assessment that takes an arbitrary agent skill as input and automatically generates a comprehensive, multi-dimensional evaluation report spanning utility, efficiency/cost, and safety. SkillAudit focuses on the skill artifact itself and constructs capability-aligned evaluation tasks directly from the skill package. The generated tasks are conducted in isolated sandbox environments to collect execution evidence, followed by automated checks with LLM-based judging to produce auditable results. To dissect the agent skills, we propose the baseline comparison principle to measure utility and efficiency/cost, and introduce a two-stage detection paradigm combining static semantic analysis with dynamic runtime verification to assess safety risks. After scanning top-ranked real-world skill packages spanning 23 occupational categories, we found that over 7% of skills are at risky status.

GIFT: LLM-Guided State-Reward Interface for Financial Reinforcement Learning

Financial portfolio trading is naturally formulated as a reinforcement learning problem, where an agent sequentially rebalances assets under changing market conditions to balance return, risk, and transaction costs. Yet in non-stationary markets, raw OHLCV states and short-horizon return rewards often provide an under-specified learning interface, motivating large language models as a way to inject financial knowledge into state and reward design while constraining open-ended generation. To this end, we propose GIFT, an LLM-guided framework for state-reward interface design in PPO-based financial reinforcement learning. Rather than using the LLM to make trading decisions, GIFT uses Factor-guided State Enhancement to generate state features from financial-factor primitives, Risk-rule-guided Reward Shaping to generate auxiliary rewards from portfolio-risk rules, and Diagnostic-guided Refinement to revise candidate interfaces using PPO rollout diagnostics. After refinement, GIFT fixes the selected state-reward interface before evaluation, with no further LLM queries or interface updates at test time. Comprehensive rolling-window experiments across diverse market regimes and portfolio scenarios demonstrate that GIFT improves learning-signal quality and out-of-sample risk-adjusted portfolio performance over baselines. Code and data are available at: https://github.com/KAG778/GIFT .

On the Role of Language Representations in Auto-Bidding: Findings and Implications

Auto-bidding is a crucial task in real-time advertising markets, where policies must optimize long-horizon value under delivery constraints (e.g., budget and CPA). Existing methods for auto-bidding rely on compact numerical state representations: while they can implicitly capture delivery dynamics, they offer limited support for explicitly representing and controlling high-level intent, evolving feedback, and operator-style strategic guidance in real campaigns. Meanwhile, Large Language Models (LLMs) offer a powerful method for encoding semantic information, it remains unclear when LLMs help and how to integrate them without sacrificing numerical precision. Through systematic preliminary studies, we find that (1) LLM embeddings contain bidding-relevant cues yet cannot replace numerical features, and (2) gains emerge only with careful semantic--numeric integration rather than naive concatenation. Motivated by these findings, we propose \textit{SemBid}, a novel auto-bidding framework that injects LLM-encoded semantics into offline bidding trajectories at the token level. SemBid introduces three semantic inputs: \textit{Task}, \textit{History}, and \textit{Strategy}. It injects these semantics as tokens alongside numerical trajectory tokens and uses self-attention to integrate them, improving controllability and generalization across objectives. Across diverse scenarios and budget regimes, SemBid outperforms competitive baselines from offline RL and generative sequence modeling, with more consistent gains in overall performance, constraint satisfaction, and robustness. Our code is available at: \href{https://github.com/AlanYu04/SemBid-KDD2026}{\textcolor{blue}{here}}.