Lacoin–Rhodes–Vargas left-tail conjecture for derivative Gaussian multiplicative chaos

Let DRdD\subset\mathbb{R}^d and let a log-correlated Gaussian field on DD admit a smooth white noise decomposition. Denote its derivative Gaussian multiplicative chaos by D(γ)\mathcal{D}_\infty(\mkern 1.5mu\overline{\mkern-1.5mu\gamma\mkern-1.5mu}\mkern 1.5mu), and let γc\mkern 1.5mu\overline{\mkern-1.5mu\gamma\mkern-1.5mu}\mkern 1.5mu_c be the critical parameter. Lacoin–Rhodes–Vargas' left-tail conjecture. For every γ(0,γc)\mkern 1.5mu\overline{\mkern-1.5mu\gamma\mkern-1.5mu}\mkern 1.5mu\in(0,\mkern 1.5mu\overline{\mkern-1.5mu\gamma\mkern-1.5mu}\mkern 1.5mu_c),

logP(D(γ)<v)v(γc/γ)2.-\log \mathbf{P}(\mathcal{D}_\infty(\mkern 1.5mu\overline{\mkern-1.5mu\gamma\mkern-1.5mu}\mkern 1.5mu)<-v)\asymp v^{(\mkern 1.5mu\overline{\mkern-1.5mu\gamma\mkern-1.5mu}\mkern 1.5mu_c/\mkern 1.5mu\overline{\mkern-1.5mu\gamma\mkern-1.5mu}\mkern 1.5mu)^2}.

This conjecture sharpens the previously known sub-Gaussian left-tail bound in the L4L^4 regime γ(0,γc/2)\mkern 1.5mu\overline{\mkern-1.5mu\gamma\mkern-1.5mu}\mkern 1.5mu\in(0,\mkern 1.5mu\overline{\mkern-1.5mu\gamma\mkern-1.5mu}\mkern 1.5mu_c/2) and predicts the left-tail exponent throughout the entire subcritical regime. The supplied source does not state that the conjecture has been resolved.

Sources & referencesView supporting material

Primary source

Xinxin Chen, Yichao Huang and Heng Ma, “Left Tail of the Derivative Martingale in a Gaussian BRW in the Entire Subcritical Regime”, arXiv:2508.11983 (2026).

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