The Emergence of Little Red Dots from Binary Massive Black Holes

Little red dots (LRDs) are a newly identified class of broad-line active galactic nuclei (AGN) with a distinctive v-shape spectrum characterized by red optical and blue UV continuum emission. Their high abundance at redshifts of $z\sim6-8$ and decline at lower redshifts suggest a transient origin. We propose that the spectral shape of LRDs originates from compact binary black hole systems, where each black hole is surrounded by a mini-disk and embedded in a larger circum-binary disk. With a binary separation of $\lesssim 10^3$ Schwarzschild radii, the Wien tail of a $T\simeq 5000~{\rm K}$ blackbody spectrum at the inner edge of the circum-binary disk produces the red optical emission, while the mini-disks power the UV continuum. Binary torques carve out a gap between the circum-binary disk and mini-disks, setting the turnover wavelength of the v-shaped spectrum around the Balmer limit. This scenario naturally reproduces LRD spectra requiring only modest dust attenuation ($A_V\lesssim 1$ mag), resolving overestimated luminosities for LRDs in previous studies and alleviating a tension with the so-called Soltan argument. This model predicts a distinct spectral evolution as the binary orbit decays through binary-disk interactions and gravitational waves (GWs), linking early-stage "proto-LRD" binaries to the broader AGN population and late-stage "LRD-descendants" to coalescing binaries detectable in GW experiments.