A circuit for receiving serial data. In some embodiments, the circuit has an input for receiving an analog input signal, and includes a first sampler for sampling the analog input signal relative to a first reference voltage, a second sampler for sampling the analog input signal relative to a second reference voltage, and a reference voltage control circuit. The second reference voltage may have a sign opposite to that of the first reference voltage; and the reference voltage control circuit may be configured to adjust the first reference voltage or the second reference voltage, based on a first sample of the analog input signal, the first sample having been taken at a sampling time corresponding to a one bit, in the serial data, preceded by a one bit and followed by a one bit.