arXiv:2605.08632v1 Announce Type: new Abstract: Speculative decoding accelerates Large Language Models (LLMs) inference by using a lightweight draft model to propose candidate tokens that are verified in parallel by the target model. However, existing draft model training objectives are not directly aligned with the inference-time goal of maximizing consecutive token acceptance. To address this issue, we reformulate the draft model optimization objective, shifting the focus from token prediction accuracy to the overall acceptance length. In this paper, we build upon PARD to propose PARD-2, a dual-mode speculative decoding framework with Confidence-Adaptive Token (CAT) optimization. This approach adaptively reweights each token to better align with the verification process. Notably, PARD-2 enables a single draft model to support both target-dependent and target-independent modes. Experiments across diverse models and tasks demonstrate that PARD-2 achieves up to 6.94$\times$ lossless acceleration, surpassing EAGLE-3 by 1.9$\times$ and PARD by 1.3$\times$ on Llama3.1-8B. Our code is available at https://github.com/AMD-AGI/PARD.