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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

Smart contracts underpin high-value ecosystems such as decentralized finance (DeFi), yet recurring vulnerabilities continue to cause losses worth billions of dollars. Although numerous security analyzers that detect such flaws exist,…

Cryptography and Security · Computer Science 2026-03-03 Tamer Abdelaziz , Salma Alsaghir , Karim Ali

Within just four years, the blockchain-based Decentralized Finance (DeFi) ecosystem has accumulated a peak total value locked (TVL) of more than 253 billion USD. This surge in DeFi's popularity has, unfortunately, been accompanied by many…

Cryptography and Security · Computer Science 2023-04-11 Liyi Zhou , Xihan Xiong , Jens Ernstberger , Stefanos Chaliasos , Zhipeng Wang , Ye Wang , Kaihua Qin , Roger Wattenhofer , Dawn Song , Arthur Gervais

Decentralized Finance (DeFi) is a system of financial products and services built and delivered through smart contracts on various blockchains. In the past year, DeFi has gained popularity and market capitalization. However, it has also…

Machine Learning · Computer Science 2023-05-29 Arianna Trozze , Bennett Kleinberg , Toby Davies

Blockchain smart contracts have emerged as a transformative force in the digital realm, spawning a diverse range of compelling applications. Since solidity smart contracts across various domains manage trillions of dollars in virtual coins,…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-12-12 Zhiyuan Wei , Xianhao Zhang , Jing Sun , Zijian Zhang , Liehuang Zhu

The exploitation of smart contract vulnerabilities in Decentralized Finance (DeFi) has resulted in financial losses exceeding 3 billion US dollars. Existing defense mechanisms primarily focus on detecting and reacting to adversarial…

Cryptography and Security · Computer Science 2025-04-22 Shoupeng Ren , Lipeng He , Tianyu Tu , Di Wu , Jian Liu , Kui Ren , Chun Chen

Smart contracts are self-executing programs on blockchain platforms like Ethereum, which have revolutionized decentralized finance by enabling trustless transactions and the operation of decentralized applications. Despite their potential,…

Software Engineering · Computer Science 2026-03-25 Gerardo Iuliano , Dario Di Nucci

Smart contracts are self-executing programs that run on blockchains (e.g., Ethereum). 680 million US dollars worth of digital assets controlled by smart contracts have been hacked or stolen due to various security vulnerabilities in 2021.…

Cryptography and Security · Computer Science 2022-04-26 Tanusree Sharma , Zhixuan Zhou , Andrew Miller , Yang Wang

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

With the increasing adoption of smart contracts, ensuring their security has become a critical concern. Numerous vulnerabilities and attacks have been identified and exploited, resulting in significant financial losses. In response,…

Cryptography and Security · Computer Science 2024-08-13 Zhiyuan Wei , Jing Sun , Zijian Zhang , Xianhao Zhang , Xiaoxuan Yang , Liehuang Zhu

Security attacks targeting smart contracts have been on the rise, which have led to financial loss and erosion of trust. Therefore, it is important to enable developers to discover security vulnerabilities in smart contracts before…

Software Engineering · Computer Science 2020-05-26 Asem Ghaleb , Karthik Pattabiraman

In recent years, the importance of smart contract security has been heightened by the increasing number of attacks against them. To address this issue, a multitude of static application security testing (SAST) tools have been proposed for…

Software Engineering · Computer Science 2024-07-02 Kaixuan Li , Yue Xue , Sen Chen , Han Liu , Kairan Sun , Ming Hu , Haijun Wang , Yang Liu , Yixiang Chen

The meteoric rise of Decentralized Finance (DeFi) has been accompanied by a plethora of frequent and often financially devastating attacks on its protocols There have been over 70 exploits of DeFi protocols, with the total of lost funds…

Cryptography and Security · Computer Science 2022-02-01 Daniel Perez , Lewis Gudgeon

The rapid adoption of blockchain technology highlighted the importance of ensuring the security of smart contracts due to their critical role in automated business logic execution on blockchain platforms. This paper provides an empirical…

Software Engineering · Computer Science 2026-05-19 Francesco Salzano , Cosmo Kevin Antenucci , Simone Scalabrino , Giovanni Rosa , Rocco Oliveto , Remo Pareschi

Smart contracts, integral to blockchain ecosystems, enable decentralized applications to execute predefined operations without intermediaries. Their ability to enforce trustless interactions has made them a core component of platforms such…

Cryptography and Security · Computer Science 2025-06-10 Mesut Ozdag

Smart contracts in Decentralized Finance (DeFi) platforms are attractive targets for attacks as their vulnerabilities can lead to massive amounts of financial losses. Flash loan attacks, in particular, pose a major threat to DeFi protocols…

Cryptography and Security · Computer Science 2025-03-05 Abdulrahman Alhaidari , Balaji Palanisamy , Prashant Krishnamurthy

Smart contracts power decentralized financial (DeFi) services but are vulnerable to security exploits that can lead to significant financial losses. Existing security measures often fail to adequately protect these contracts due to the…

Cryptography and Security · Computer Science 2026-04-22 Zhiyang Chen , Sidi Mohamed Beillahi , Pasha Barahimi , Cyrus Minwalla , Han Du , Andreas Veneris , Fan Long

Decentralized Finance (DeFi) is a prominent application of smart contracts, representing a novel financial paradigm in contrast to centralized finance. While DeFi applications are rapidly emerging on mainstream blockchain platforms, their…

Software Engineering · Computer Science 2024-01-12 Wei Ma , Chenguang Zhu , Ye Liu , Xiaofei Xie , Yi Li

Smart contracts have been plagued by security incidents, which resulted in substantial financial losses. Given numerous research efforts in addressing the security issues of smart contracts, we wondered how software practitioners build…

Software Engineering · Computer Science 2021-03-30 Zhiyuan Wan , Xin Xia , David Lo , Jiachi Chen , Xiapu Luo , Xiaohu Yang

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
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