Large language models (LLMs) have recently enabled remarkable progress in text representation. However, their embeddings are typically high-dimensional, leading to substantial storage and retrieval overhead. Although recent approaches such as Matryoshka Representation Learning (MRL) and Contrastive Sparse Representation (CSR) alleviate these issues to some extent, they still suffer from retrieval accuracy degradation. This paper proposes Isolation Kernel Embedding or IKE, a learning-free method that transforms an LLM embedding into a binary embedding using Isolation Kernel (IK). Lightweight and based on binary encoding, IKE offers a low memory footprint and fast bitwise computation, lowering retrieval latency. Experiments on multiple text retrieval datasets demonstrate that IKE offers up to 16.7x faster retrieval and 16x lower memory usage than the original LLM embeddings, while maintaining comparable accuracy. Theoretically, we show that IKE works because it satisfies four essential criteria for effective binary hashing that other methods do not possess. Compared to CSR, IKE consistently achieves better retrieval efficiency and effectiveness. IKE also works effectively with graph-based indexing, demonstrating its superiority in balancing accuracy and latency compared to alternative compression techniques in the approximate nearest neighbor (ANN) search setting.

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