The superconformal index and black hole instabilities

A bstract The superconformal index of $$ \mathcal{N} $$ <mml:math xmlns:mml="http://www.w3.org/1998/Math/MathML"> <mml:mi>N</mml:mi> </mml:math> = 4 supersymmetric Yang-Mills theory with gauge group U( N ) has provided powerful insights into the entropy of supersymmetric black holes in AdS 5 × S 5 , including some sub-leading logarithmic and non-perturbative corrections. Recently, the phase space of supersymmetric solutions has been argued to contain configurations other than the asymptotically AdS 5 black hole. Such configurations include the so-called grey galaxies where the black hole at the center is surrounded by a gas of gravitons. By numerically evaluating the superconformal index of $$ \mathcal{N} $$ <mml:math xmlns:mml="http://www.w3.org/1998/Math/MathML"> <mml:mi>N</mml:mi> </mml:math> = 4 supersymmetric Yang-Mills at small values of N , we detect systematic deviations from the entropy of black holes with two distinct angular momenta. We find that the giant graviton expansion of the index is a numerically efficient way of evaluating the index that complements the direct character evaluation and allows for explicit access to N ≤ 15 with up to two giant gravitons in the expansion. We find it remarkable that a supersymmetric quantity in field theory, usually thought of as a rigid counting observable, indeed contains information about different phases in the space of supersymmetric solutions on the gravity side.