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Decentralized Finance (DeFi) is emerging as a peer-to-peer financial ecosystem, enabling participants to trade products on a permissionless blockchain. Built on blockchain and smart contracts, the DeFi ecosystem has experienced explosive…

Cryptography and Security · Computer Science 2023-09-07 Peng Qian , Rui Cao , Zhenguang Liu , Wenqing Li , Ming Li , Lun Zhang , Yufeng Xu , Jianhai Chen , Qinming He

Scam contracts on Ethereum have rapidly evolved alongside the rise of DeFi and NFT ecosystems, utilizing increasingly complex code obfuscation techniques to avoid early detection. This paper systematically investigates how obfuscation…

Cryptography and Security · Computer Science 2026-01-27 Zhang Sheng , Tan Kia Quang , Shen Wang , Shengchen Duan , Kai Li , Yue Duan

Decentralized finance, i.e., DeFi, has become the most popular type of application on many public blockchains (e.g., Ethereum) in recent years. Compared to the traditional finance, DeFi allows customers to flexibly participate in diverse…

Cryptography and Security · Computer Science 2021-03-05 Bin Wang , Han Liu , Chao Liu , Zhiqiang Yang , Qian Ren , Huixuan Zheng , Hong Lei

Decentralized finance (DeFi) in Ethereum is a financial ecosystem built on the blockchain that has locked over 200 billion USD until April 2022. All transaction information is transparent and open when transacting through the DeFi protocol,…

Cryptography and Security · Computer Science 2022-05-20 Wenkai Li , Jiuyang Bu , Xiaoqi Li , Xianyi Chen

Since the inception of permissionless blockchains with Bitcoin in 2008, it became apparent that their most well-suited use case is related to making the financial system and its advantages available to everyone seamlessly without depending…

General Finance · Quantitative Finance 2023-06-16 Georgios Palaiokrassas , Sandro Scherrers , Iason Ofeidis , Leandros Tassiulas

Turing completeness has made Ethereum smart contracts attractive to blockchain developers and attackers alike. To increase code security, many tools can now spot most known vulnerabilities$-$at the cost of production efficiency. Recent…

Cryptography and Security · Computer Science 2024-10-23 Tommaso Oss , Carlos E. Budde

Ethereum has officially provided a set of system-level cryptographic APIs to enhance smart contracts with cryptographic capabilities. These APIs have been utilized in over 10% of Ethereum transactions, motivating developers to implement…

Cryptography and Security · Computer Science 2024-08-12 Jiashuo Zhang , Yiming Shen , Jiachi Chen , Jianzhong Su , Yanlin Wang , Ting Chen , Jianbo Gao , Zhong Chen

Ethereum smart contracts, which are autonomous decentralized applications on the blockchain that manage assets often exceeding millions of dollars, have become primary targets for cyberattacks. In 2023 alone, such vulnerabilities led to…

Cryptography and Security · Computer Science 2023-12-29 Christoph Sendner , Lukas Petzi , Jasper Stang , Alexandra Dmitrienko

DEX, or decentralized exchange, is a prominent class of decentralized finance (DeFi) applications on blockchains, attracting a total locked value worth tens of billions of USD today. This paper presents the first large-scale empirical study…

Cryptography and Security · Computer Science 2024-01-23 Jiaqi Chen , Yibo Wang , Yuxuan Zhou , Wanning Ding , Yuzhe Tang , XiaoFeng Wang , Kai Li

Ethereum is currently the second largest blockchain by market capitalization and a popular platform for cryptocurrencies. As it has grown, the high value present and the anonymity afforded by the technology have led Ethereum to become a…

Cryptography and Security · Computer Science 2025-01-22 Calvin Josenhans , Andrey Kuehlkamp , Jarek Nabrzyski

Modern blockchains, such as Ethereum, enable the execution of so-called smart contracts - programs that are executed across a decentralised network of nodes. As smart contracts become more popular and carry more value, they become more of…

Cryptography and Security · Computer Science 2019-05-31 Christof Ferreira Torres , Mathis Steichen , Radu State

With the increase of the adoption of blockchain technology in providing decentralized solutions to various problems, smart contracts have become more popular to the point that billions of US Dollars are currently exchanged every day through…

Cryptography and Security · Computer Science 2023-01-24 Feng Mi , Chen Zhao , Zhuoyi Wang , Sadaf MD Halim , Xiaodi Li , Zhouxiang Wu , Latifur Khan , Bhavani Thuraisingham

Smart contracts play a vital role in the Ethereum ecosystem. Due to the prevalence of kinds of security issues in smart contracts, the smart contract verification is urgently needed, which is the process of matching a smart contract's…

Cryptography and Security · Computer Science 2023-07-04 Pengxiang Ma , Ningyu He , Yuhua Huang , Haoyu Wang , Xiapu Luo

The EOSIO blockchain, one of the representative Delegated Proof-of-Stake (DPoS) blockchain platforms, has grown rapidly recently. Meanwhile, a number of vulnerabilities and high-profile attacks against top EOSIO DApps and their smart…

Cryptography and Security · Computer Science 2020-07-31 Ningyu He , Ruiyi Zhang , Lei Wu , Haoyu Wang , Xiapu Luo , Yao Guo , Ting Yu , Xuxian Jiang

Smart contract, one of the most successful applications of blockchain, is taking the world by storm, playing an essential role in the blockchain ecosystem. However, frequent smart contract security incidents not only result in tremendous…

Cryptography and Security · Computer Science 2022-09-14 Peng Qian , Zhenguang Liu , Qinming He , Butian Huang , Duanzheng Tian , Xun Wang

The rapid growth of Decentralized Finance (DeFi) boosts the Ethereum ecosystem. At the same time, attacks towards DeFi applications (apps) are increasing. However, to the best of our knowledge, existing smart contract vulnerability…

Cryptography and Security · Computer Science 2021-05-03 Siwei Wu , Dabao Wang , Jianting He , Yajin Zhou , Lei Wu , Xingliang Yuan , Qinming He , Kui Ren

The growth of the decentralized finance (DeFi) ecosystem built on blockchain technology and smart contracts has led to an increased demand for secure and reliable smart contract development. However, attacks targeting smart contracts are…

Decentralized cryptocurrencies feature the use of blockchain to transfer values among peers on networks without central agency. Smart contracts are programs running on top of the blockchain consensus protocol to enable people make…

Software Engineering · Computer Science 2018-08-06 Bo Jiang , Ye Liu , W. K. Chan

Smart contracts are software programs featuring both traditional applications and distributed data storage on blockchains. Ethereum is a prominent blockchain platform with the support of smart contracts. The smart contracts act as…

Cryptography and Security · Computer Science 2020-09-18 Purathani Praitheeshan , Lei Pan , Jiangshan Yu , Joseph Liu , Robin Doss

As one of the representative Delegated Proof-of-Stake (DPoS) blockchain platforms, EOSIO's ecosystem grows rapidly in recent years. A number of vulnerabilities and corresponding attacks of EOSIO's smart contracts have been discovered and…

Cryptography and Security · Computer Science 2019-06-26 Lijin Quan , Lei Wu , Haoyu Wang
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