WaveFilter: Enhancing the Long-Context Capability of Diffusion LLMs via Wavelet-Guided KV Cache Filtering

Diffusion Large Language Models (DLMs) have demonstrated significant advantages across various tasks. However, constrained by their multi-step iterative inference mechanism, their computational overhead and inference latency in long-context tasks have become core bottlenecks restricting their large-scale deployment. When processing long sequences, existing Key-Value (KV) caching mechanisms often face a dilemma where generation quality degrades drastically, where the core challenge lies in precisely and efficiently filtering critical tokens within ultra-long contexts. Inspired by the human reading process, we propose \textbf{WaveFilter}, a universal and training-free caching framework. This framework innovatively introduces the wavelet transform for decomposition of long sequences to achieve precise identification of key tokens, based on which a sparse KV Cache is constructed to compute the final contextual representation. Experimental results demonstrate that WaveFilter, as a plug-and-play generic framework, significantly enhances the performance of existing mainstream KV Cache methods in complex long-context tasks.

FinMCP-Bench: Benchmarking LLM Agents for Real-World Financial Tool Use under the Model Context Protocol

This paper introduces \textbf{FinMCP-Bench}, a novel benchmark for evaluating large language models (LLMs) in solving real-world financial problems through tool invocation of financial model context protocols. FinMCP-Bench contains 613 samples spanning 10 main scenarios and 33 sub-scenarios, featuring both real and synthetic user queries to ensure diversity and authenticity. It incorporates 65 real financial MCPs and three types of samples, single tool, multi-tool, and multi-turn, allowing evaluation of models across different levels of task complexity. Using this benchmark, we systematically assess a range of mainstream LLMs and propose metrics that explicitly measure tool invocation accuracy and reasoning capabilities. FinMCP-Bench provides a standardized, practical, and challenging testbed for advancing research on financial LLM agents.