BPS States of the Non-Abelian Born-Infeld Action
  We argue that the trace structure of the non-abelian Born-Infeld action can be fixed by demanding that the action be linearised by certain energy-minimising BPS-like configurations. It is shown how instantons in D4-branes, SU(2) monopoles and dyons in D3-branes, and vortices in D2-branes are all BPS states of the action recently proposed by Tseytlin. The T-dual worldvolume theories of D-strings and D0-branes are also considered. All such configurations can be dealt with exactly within the context of non-abelian Born-Infeld theory since, given the relevant BPS-like condition, the action reduces to that of Yang-Mills theory. The worldvolume energy of such configurations is an absolute minimum. It would seem, moreover, that such an analysis holds for the symmetrised trace structure of Tseytlin's proposal only. 
D. Brecher