Soon after the discovery of high-temperature superconductivity in the cuprates, Anderson proposed a connection to quantum spin liquids, while observations since then have shown that the low-temperature cuprate phase diagram is dominated by conventional competing states — superconductivity and charge-ordered phases that break translational symmetry. The surviving modern form of the question is whether the pseudogap metal, the intermediate-temperature low-doping regime, is a doped quantum spin liquid — a fractionalized Fermi liquid (FL*) whose small Fermi pockets violate the Luttinger count and whose confining instabilities produce the observed d-wave superconductor and charge order — or whether a conventional mechanism (spin-density-wave/stripe reconstruction, phenomenological pseudogap bands, structural reconstruction, loop-current order, or preformed pairs) accounts for it. The question remains actively contested: recent magnetotransport evidence for small pockets without observed symmetry breaking is consistent with FL*, but controlled computations of the doped Hubbard model, stripe-based scenarios, structural-reconstruction proposals, and non-fractionalized phenomenologies reproduce overlapping subsets of the same data. No resolution has been established; the problem is open.
Background
The hole-doped cuprate superconductors are layered copper oxides whose undoped parent compounds are antiferromagnetic Mott insulators — insulators in which electron-electron repulsion, rather than band filling, localizes the charge carriers on the CuO planes. Doping with a hole concentration destroys the antiferromagnetic order and produces, at low temperature, a superconducting dome with the highest transition temperatures known, flanked at low by charge-ordered 'stripe' states that break translational symmetry and compete with superconductivity (Chang et al. 2012; Fradkin, Kivelson and Tranquada 2015).
Between the antiferromagnet and the superconductor lies the pseudogap metal: above the superconducting transition temperature and below a doping-dependent crossover scale , the electronic excitation spectrum is partially depleted near the antinodal momenta of the Brillouin zone, as seen in angle-resolved photoemission spectroscopy (ARPES), leaving so-called Fermi arcs of remaining spectral weight (Damascelli, Hussain and Shen 2003). Quantum oscillations in high magnetic fields have long indicated small closed pockets in underdoped YBaCuO (Doiron-Leyraud et al. 2007), and the 2025 observation of the Yamaji effect — an extremum of interlayer resistivity versus field angle that signals a closed, weakly warped quasi-two-dimensional Fermi surface — in HgBaCuO above found pockets occupying only about 1.3% of the Brillouin zone with no evidence for the long-range translational symmetry breaking that conventional Fermi-surface reconstruction requires (Chan et al. 2025).
A quantum spin liquid is a magnetically disordered state of a Mott insulator that nevertheless retains long-range quantum entanglement and fractionalized excitations, such as spin- spinons carrying the electron's spin without its charge, described by an emergent gauge field. Anderson (1987) proposed that doping such a resonating-valence-bond (RVB) state — a fluctuating superposition of singlet valence bonds — underlies high-temperature superconductivity. In the modern fractionalized Fermi liquid (FL) construction, the doped spin liquid survives as a background with topological order while gauge-neutral, electron-like quasiparticles occupy small pockets whose total area violates the Luttinger theorem, which would otherwise pin the Fermi volume to the total electron density (Sachdev, Scammell, Scheurer and Tarnopolsky 2019; Sachdev 2024). This yields a sharp fermiological discriminant: hole pockets of area of the Brillouin zone each for FL, versus for reconstruction by spin-density-wave (SDW) order. Lowering temperature confines the fractionalized degrees of freedom, and the FL program predicts the observed descendants of the pseudogap — the -wave superconductor with its anisotropic nodal quasiparticles, and charge-density-wave order — as confining instabilities of the spin liquid (Christos and Sachdev 2024; Bonetti, Christos, Nikolaenko, Patel and Sachdev 2026).
Whether this picture, or one of the conventional alternatives — SDW/stripe reconstruction, phenomenological pseudogap band structures such as the Yang-Rice-Zhang model (Rice, Yang and Zhang 2011), structural reconstruction assisted by spin-orbit coupling, loop-current order breaking time-reversal symmetry, or preformed pairs — describes the actual cuprates remains one of the central open questions of strongly correlated electron physics (Keimer et al. 2015; Sachdev 2024).
Problem Statement
Determine whether any regime of the hole-doped cuprate phase diagram — most prominently the intermediate-temperature pseudogap metal at low hole doping — is a doped quantum spin liquid, as proposed in Anderson's resonating-valence-bond scenario and elaborated in the fractionalized-Fermi-liquid () framework. A complete answer must jointly settle three linked questions that together identify the pseudogap state: (i) Fermiology — does the pseudogap Fermi surface consist of small closed pockets whose areas violate the Luttinger count in the fractionalized manner (hole pockets of area of the Brillouin zone each, versus for spin-density-wave reconstruction), with no symmetry-breaking order present that could conventionally account for the Fermi-surface reconstruction? (ii) Instabilities — do the observed low-temperature phases, the -wave superconductor and the charge-density-wave/stripe orders, arise as confining instabilities of such a fractionalized state, with the quasiparticle anisotropies, vortex structure, and charge-order halos that the confinement scenario predicts? (iii) Exclusion — are the conventional alternatives (spin/stripe reconstruction, phenomenological pseudogap band models, structural reconstruction with spin-orbit coupling, loop-current order, preformed pairs) quantitatively excluded across the pseudogap regime? These components serve one overarching objective, the identification of the pseudogap metal and its descendants; an answer may be delivered by experiment, by theory, or by unbiased computation on the relevant microscopic models (Hubbard, -, ancilla-layer), but it must be specific enough that a qualified expert can decide from it which class of states — doped quantum spin liquid or conventional metal — underlies the pseudogap regime of the cuprates.
References
- P. W. Anderson, 'The Resonating Valence Bond State in La2CuO4 and Superconductivity', Science 235, 1196-1198 (1987). DOI: 10.1126/science.235.4793.1196, https://doi.org/10.1126/science.235.4793.1196
- Andrea Damascelli, Zahid Hussain, Zhi-Xun Shen, 'Angle-resolved photoemission studies of the cuprate superconductors', Reviews of Modern Physics 75, 473-541 (2003). DOI: 10.1103/RevModPhys.75.473, https://doi.org/10.1103/RevModPhys.75.473
- Nicolas Doiron-Leyraud, Cyril Proust, David LeBoeuf, Julien Levallois, Jean-Baptiste Bonnemaison, Ruixing Liang, D. A. Bonn, W. N. Hardy, Louis Taillefer, 'Quantum oscillations and the Fermi surface in an underdoped high-Tc superconductor', Nature 447, 565-568 (2007). DOI: 10.1038/nature05872, https://doi.org/10.1038/nature05872
- J. Chang, E. Blackburn, A. T. Holmes, N. B. Christensen, J. Larsen, J. Mesot, Ruixing Liang, D. A. Bonn, W. N. Hardy, A. Watenphul, M. v. Zimmermann, E. M. Forgan, S. M. Hayden, 'Direct observation of competition between superconductivity and charge density wave order in YBa2Cu3O6.67', Nature Physics 8, 871-876 (2012). DOI: 10.1038/nphys2456, https://doi.org/10.1038/nphys2456
- T. M. Rice, Kai-Yu Yang, Fu-Chun Zhang, 'A phenomenological theory of the anomalous pseudogap phase in underdoped cuprates', Reports on Progress in Physics 75, 016502 (2011). DOI: 10.1088/0034-4885/75/1/016502, https://doi.org/10.1088/0034-4885/75/1/016502
- Eduardo Fradkin, Steven A. Kivelson, John M. Tranquada, 'Colloquium: Theory of intertwined orders in high temperature superconductors', Reviews of Modern Physics 87, 457-482 (2015). DOI: 10.1103/RevModPhys.87.457, https://doi.org/10.1103/RevModPhys.87.457
- B. Keimer, S. A. Kivelson, M. R. Norman, S. Uchida, J. Zaanen, 'From quantum matter to high-temperature superconductivity in copper oxides', Nature 518, 179-186 (2015). DOI: 10.1038/nature14165, https://doi.org/10.1038/nature14165
- Subir Sachdev, 'Quantum spin liquids and the phases of the cuprates', Coshare Science 2, 1-97 (2024). DOI: 10.61109/cs.202401.127, https://doi.org/10.61109/cs.202401.127
- Subir Sachdev, Harley D. Scammell, Mathias S. Scheurer, Grigory Tarnopolsky, 'Gauge theory for the cuprates near optimal doping', Physical Review B 99, 054516 (2019). DOI: 10.1103/PhysRevB.99.054516, https://doi.org/10.1103/PhysRevB.99.054516
- Fedor Šimkovic, Riccardo Rossi, Antoine Georges, Michel Ferrero, 'Origin and fate of the pseudogap in the doped Hubbard model', Science 385, eade9194 (2024). DOI: 10.1126/science.ade9194, https://doi.org/10.1126/science.ade9194
- Dai-Wei Qu, Qiaoyi Li, Shou-Shu Gong, Yang Qi, Wei Li, Gang Su, 'Phase Diagram, d-Wave Superconductivity, and Pseudogap of the t-t'-J Model at Finite Temperature', Physical Review Letters 133, 256003 (2024). DOI: 10.1103/PhysRevLett.133.256003, https://doi.org/10.1103/PhysRevLett.133.256003
- Mun K. Chan, Katherine A. Schreiber, Oscar E. Ayala-Valenzuela, Eric D. Bauer, Arkady Shekhter, Neil Harrison, 'Observation of the Yamaji effect in a cuprate superconductor', Nature Physics 21, 1753-1758 (2025). DOI: 10.1038/s41567-025-03032-2, https://doi.org/10.1038/s41567-025-03032-2
- Pietro M. Bonetti, Maine Christos, Subir Sachdev, 'Quantum oscillations in the hole-doped cuprates and the confinement of spinons', Proceedings of the National Academy of Sciences 121, e2418633121 (2024). DOI: 10.1073/pnas.2418633121, https://doi.org/10.1073/pnas.2418633121
- Maine Christos, Subir Sachdev, 'Emergence of nodal Bogoliubov quasiparticles across the transition from the pseudogap metal to the d-wave superconductor', npj Quantum Materials 9, 4 (2024). DOI: 10.1038/s41535-023-00608-0, https://doi.org/10.1038/s41535-023-00608-0
- Jing-Yu Zhao, Shubhayu Chatterjee, Subir Sachdev, Ya-Hui Zhang, 'Yamaji effect in models of underdoped cuprates', Physical Review B 113, 245150 (2026). DOI: 10.1103/wlyk-v88c, arXiv:2510.13943, https://arxiv.org/abs/2510.13943
- Subir Sachdev, 'The foot, the fan, and the cuprate phase diagram: Fermi-volume-changing quantum phase transitions', Physica C: Superconductivity and its Applications 633, 1354707 (2025). DOI: 10.1016/j.physc.2025.1354707, https://doi.org/10.1016/j.physc.2025.1354707
- Thomas Chalopin, Petar Bojović, Si Wang, Titus Franz, Aritra Sinha, Zhenjiu Wang, Dominik Bourgund, Johannes Obermeyer, Fabian Grusdt, Annabelle Bohrdt, Lode Pollet, Alexander Wietek, Antoine Georges, Timon Hilker, Immanuel Bloch, 'Observation of emergent scaling of spin-charge correlations at the onset of the pseudogap', Proceedings of the National Academy of Sciences 123, e2525539123 (2026). DOI: 10.1073/pnas.2525539123, https://doi.org/10.1073/pnas.2525539123
- Alexander Nikolaenko, Pietro M. Bonetti, Subir Sachdev, 'Fermionic spinon theory of the hourglass spin excitation spectrum of the cuprates', Annalen der Physik 538, e00562 (2026). DOI: 10.1002/andp.202500562, https://doi.org/10.1002/andp.202500562
- Alexander Nikolaenko, Carsten Putzke, Philip J. W. Moll, Subir Sachdev, Pavel A. Nosov, 'Sondheimer magneto-oscillations as a probe of Fermi surface reconstruction in underdoped cuprates', arXiv:2602.11252 (2026). https://arxiv.org/abs/2602.11252
- Subir Sachdev, 'Lectures on insulating and conducting quantum spin liquids', arXiv:2512.23962 (2025). https://arxiv.org/abs/2512.23962
- Pietro M. Bonetti, Maine Christos, Alexander Nikolaenko, Aavishkar A. Patel, Subir Sachdev, 'Fractionalized Fermi liquids and the cuprate phase diagram', Reports on Progress in Physics 89, 044501 (2026). DOI: 10.1088/1361-6633/ae530d, https://doi.org/10.1088/1361-6633/ae530d
- Yicheng Zhong, Fu-Chun Zhang, Kun Jiang, 'Yamaji effect and quantum oscillation in the Yang-Rice-Zhang model of underdoped cuprates', Physical Review B 114, L051102 (2026). DOI: 10.1103/rpkg-j5yv, arXiv:2512.10475, https://arxiv.org/abs/2512.10475
- Sophie Beck, Aline Ramires, 'Structural reconstruction as the origin of the cuprate pseudogap', arXiv:2511.02508 (2025). https://arxiv.org/abs/2511.02508
- Henning Schlömer, Annabelle Bohrdt, Fabian Grusdt, 'Geometric orthogonal metals: Hidden antiferromagnetism and the pseudogap from fluctuating stripes', PRX Quantum 6, 030342 (2025). DOI: 10.1103/5sq4-r7dk, arXiv:2411.03419, https://arxiv.org/abs/2411.03419
- Victoire Morisseau, Luke C. Rhodes, Peter Wahl, Carolina A. Marques, 'How to measure loop currents in scanning tunneling microscopy', arXiv:2607.20030 (2026). https://arxiv.org/abs/2607.20030
- E. Abelev, R. Romero III, N. P. Armitage, 'Derivation and application of a general scaling relation between the dc and asymptotic high-frequency optical Hall responses', arXiv:2607.15043 (2026). https://arxiv.org/abs/2607.15043
- Mikołaj Walicki, Johannes Knolle, Krzysztof Wohlfeld, 'Microscopic Emergence of Ancilla Lattice Physics in the Emery Model', arXiv:2607.26869 (2026). https://arxiv.org/abs/2607.26869
- Ivan Pasqua, Carlos Mejuto-Zaera, Michele Fabrizio, 'Fractionalized Fermi liquids with the ghost-Gutzwiller Ansatz', arXiv:2607.12410 (2026). https://arxiv.org/abs/2607.12410
- Piers Coleman, Elio J. König, Aaditya Panigrahi, Alexei Tsvelik, 'Tractable model for a fractionalized Fermi liquid (FL*) on a square lattice', arXiv:2604.06157 (2026). https://arxiv.org/abs/2604.06157